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New York AG Pushes Back Against DCG, Silbert’s Motion to Dismiss Fraud Case

SB Crypto Guru News by SB Crypto Guru News
June 7, 2024
in Crypto Updates
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New York AG Pushes Back Against DCG, Silbert’s Motion to Dismiss Fraud Case



DCG and Silbert have denied that the promissory note was a sham. In their motions to dismiss, lawyers for DCG and Silbert claimed that the note was fully vetted and binding, adding that, in addition to the note, DCG transferred hundreds of millions of dollars and assets into Genesis to fill the hole in its balance sheet. The tweets reassuring investors of Genesis’ “strong” balance sheet, they argued, were simply “corporate puffery” – not lies.



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Tags: Bitcoin NewscaseCrypto NewsCrypto UpdatesDCGDismissfraudLatest News on CryptoMotionPushesSB Crypto Guru NewsSilbertsYork
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