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SEC, Digital Currency Group
Digital Currency Group, former Genesis CEO to pay $38.5 million over SEC charges
The U.S. Securities and Exchange Commission on Friday said Digital Currency Group Inc. and the CEO of its now-defunct subsidiary Genesis Global Capital LLC have agreed to pay a combined $38.5 million in civil penalties to settle charges they misled investors about Genesis's financial condition.
Digital Currency Group Agrees to Settle SEC Charges for $38 Million
Digital Currency Group and former Genesis CEO Michael Moro will settle charges with the SEC over charges that the firms misled investors.
Crypto firm Digital Currency Group to pay SEC $38.5 million for misleading investors
Digital Currency Group, the crypto firm founded by Barry Silbert, is paying the SEC $38.5 million for misleading investors.
DCG, Former Genesis CEO to Pay SEC $38.5M to Settle Securities Fraud Charges
The charges stem from DCG and Genesis’ response to the 2022 collapse of crypto hedge fund Three Arrows Capital.
Crypto Firm DCG Settles With SEC For $38.5M Over Misleading Investors
Digital Currency Group (DCG), a prominent player in the cryptocurrency industry, on Friday agreed to settle with the U.S. Securities and Exchange Commission (SEC) for misleading investors. What Happened: DCG,
News Explorer — Digital Currency Group Settles SEC Charges Over 'Negligence' in Genesis Collapse
Digital Currency Group has agreed to pay $38 million to settle SEC charges related to its Genesis Global Capital lending unit's bankruptcy. The SEC accused DCG of negligence and misleading investors about the failed division's financial health.
Digital Currency Group to Pay $38 Million in SEC Settlement
SEC has announced a $38 million settlement with Digital Currency Group over allegations that cryptocurrency venture capital firm misled investors.
SEC Slaps Digital Currency Group with $38M Fine for Misleading Investors
SEC fines Digital Currency Group $38M for misleading investors about Genesis Global Capital's financial health post-3AC collapse.
The Daily Hodl
1h
SEC Slaps Digital Currency Group With $38,000,000 Fine, Claims Crypto Venture Firm Misled Investors
The U.S. Securities and Exchange Commission (SEC) is hitting venture capitalist firm Digital Currency Group (DCG) and a former executive of Genesis with a multimillion-dollar fine, claiming they ...
cryptopolitan
21h
SEC charges DCG and Genesis Global Capital for concealing info about 3AC in 2022
The US Securities and Exchange Commission (SEC) has ordered DCG to pay a $38 million civil fine and also comply with a ...
19h
DCG Pays $38 Million Fine to Settle SEC Investigation
Crypto company Digital Currency Group agreed to pay a $38 million fine to settle with the Securities and Exchange Commission ...
Crypto Briefing
1d
SEC targets DCG and Genesis executives for fraud over 3AC fallout
SEC charges DCG, Genesis, and executives for fraud after 3AC collapse, alleging misleading claims, hidden insolvency, and ...
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