Crypto venture giant Digital Currency Group (DCG) has submitted a request to dismiss the lawsuit brought by New York Attorney General Letitia James against the company.
According to the NYAG, Barry Silbert allegedly concealed losses at the company, thereby deceiving customers and investors.
“Today, DCG and Barry Silbert filed motions to dismiss the meritless civil complaint filed by the New York Attorney General against Gemini, Genesis, and DCG. As we have stated from the beginning, the allegations are a thin web of baseless innuendo, blatant mischaracterizations, and unsupported conclusory statements.”
The post DCG, Barry Silbert Move to Dismiss NYAG Lawsuit, Label Claims as ‘Baseless Innuendo’ appeared first on CryptoPotato.
Crypto venture giant Digital Currency Group (DCG) has submitted a request to dismiss the lawsuit brought by New York Attorney General Letitia James against the company.
According to the NYAG, Barry Silbert allegedly concealed losses at the company, thereby deceiving customers and investors.
“Today, DCG and Barry Silbert filed motions to dismiss the meritless civil complaint filed by the New York Attorney General against Gemini, Genesis, and DCG. As we have stated from the beginning, the allegations are a thin web of baseless innuendo, blatant mischaracterizations, and unsupported conclusory statements.”
The post DCG, Barry Silbert Move to Dismiss NYAG Lawsuit, Label Claims as ‘Baseless Innuendo’ appeared first on CryptoPotato.