Embattled crypto group DCG is reportedly under investigation by US prosecutors over money transfers at lending arm Genesis

Jan 9 2023 by Business Insider

 
The SEC and DOJ are investigating crypto giant Digital Currency Group.

(Photo by Jakub Porzycki/NurPhoto via Getty Images)

Crypto giant Digital Currency Group is under investigation by the SEC and DOJ, according to Bloomberg.  The probe examines money flows between DCG and Genesis' troubled lending arm.  Pressure is growing on DCG following the implosion of FTX that's left it exposed to liquidity issues. 

Crypto conglomerate Digital Currency Group is under investigation by US prosecutors...

Continue Reading Embattled crypto group DCG is reportedly under investigation by US prosecutors over money transfers at lending arm Genesis