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.
Key TakeawaysA wallet tied to Arthur Hayes deposited 115,453 HYPE worth $6.33M into Bybit on May 23.The same wallet withdrew...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto analyst has said that almost...
Key Takeaways:With former Fed governor Kevin Warsh now on board to be the next Fed Chairman, there is fresh speculation...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Over the past week, Bitcoin has traded...
Key TakeawaysSix Chinese suspects fled to China by May 20, triggering an Interpol hunt by Windhoek High Court.The Raylon Investments...
