Digital Currency Group - News, Articles & Research

Company announcement/regulation

Digital Currency Group to pay $38m to settle SEC charges

The Securities and Exchange Commission today announced that Digital Currency Group Inc. (DCG), and Soichoro “Michael” Moro, the former CEO of DCG’s now-defunct subsidiary, Genesis Global Capital LLC, will pay a combined $38.5 million in civil penalties to settle charges for misleading investors about Genesis’s financial condition.

17 January 2025

News/crypto

Gemini agrees to return $1.1bn to Earn customers

Gemini has agreed to return at least $1.1 billion to customers who lost money through the crypto firm's partnership with now-bankrupt Genesis.

29 February 2024

News/crypto

New York expands Digital Currency Group lawsuit to seek $3bn

New York Attorney General Letitia James has filed an amended lawsuit against crypto firm Gemini and Digital Currency Group, alleging that nearly quarter of a million investors were defrauded out of more than $3 billion, rather than the $1 billion claimed in the initial suit.

09 February 2024

News/crypto

New York sues Gemini and DCG for defrauding investors of $1.1bn

New York Attorney General Letitia James has filed a lawsuit against crypto firm Gemini and Digital Currency Group for allegedly defrauding nearly quarter of a million investors of more than $1 billion.

19 October 2023

News/crypto

Gemini sues DCG

Crypto exchange Gemini Trust has filed a lawsuit against Digital Currency Group and its CEO Barry Silbert over a failed partnership between the companies.

07 July 2023

News/crypto

Digital Currency Group shuts institutional trading platform

Digital Currency Group (DCG) is closing its trade execution and prime brokerage services outfit, TradeBlock, citing the crypto winter, broader economy, and US regulatory environment.

29 May 2023