Cryptocurrency firm DCG and two of its executives - CEO and founder Barry Silbert and former CEO of DCG's wholly-owned trading arm Genesis Soichiro "Michael" Moro - have asked lawyers to file documents to convince a judge to dismiss a civil fraud lawsuit filed against them by New York Attorney General (NYAG) Letitia James.
Lawyers argued that social media posts about Genesis's "strong" balance sheet were not lies aimed at fraud, but simply "corporate exaggeration". "DCG did what a responsible parent company should do, providing advice, providing financial support and, in some cases, reviewing and commenting on Genesis communications," DCG lawyers wrote.
DCG and its executives again urge New York attorney general to drop civil fraud lawsuit
2024-07-02 20:31:34
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Trump's "hush money" judgment postponed until September 18Next article：
以太坊DApp交易量激增83%，但主要由单一应用驱动
