Genesis Litigation Committee Sues Digital Currency Group and CEO
Reading Time: 2 minutesThe Genesis Litigation Oversight Committee has filed two lawsuits against Digital Currency Group and CEO Barry Silbert The suits allege misuse of Genesis’s assets, fraudulent transfers, and breach of fiduciary duty Genesis creditors are seeking over $3.1 billion in recovery, including cryptocurrency assets and a $1.1 billion promissory note The recently formed Genesis Litigation Oversight Committee (LOC) has initiated legal action against Digital Currency Group (DCG) and CEO Barry Silbert…
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