Barry Silbert’s Digital Currency Group (DCG) is being investigated by the U.S. Department of Justice’s (DOJ) Eastern District of New York and the U.S. Securities and Exchange Commission. The entities are examining financial transfers between DCG and its Genesis unit. The prosecutors with the DOJ’s Eastern District of New York office have requested interviews and documents from DCG and Genesis, the report said, while the SEC appears to be in a similarly early stage of its own inquiry. The report, which cited people familiar with the matter, said that neither Genesis nor DCG, which is also the parent company to CoinDesk, have “been accused of wrongdoing.”
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- Source: https://www.coindesk.com/markets/2023/01/09/first-mover-americas-dcg-probed-for-genesis-transfers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines