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SEC, Digital Currency Group
Digital Currency Group, former Genesis CEO to pay $38.5 million over SEC charges
The U.S. Securities and Exchange Commission on Friday said Digital Currency Group Inc. and the CEO of its now-defunct subsidiary Genesis Global Capital LLC have agreed to pay a combined $38.5 million in civil penalties to settle charges they misled investors about Genesis's financial condition.
Digital Currency Group Agrees to Settle SEC Charges for $38 Million
Digital Currency Group and former Genesis CEO Michael Moro will settle charges with the SEC over charges that the firms misled investors.
Crypto firm Digital Currency Group to pay SEC $38.5 million for misleading investors
Digital Currency Group, the crypto firm founded by Barry Silbert, is paying the SEC $38.5 million for misleading investors.
DCG, Former Genesis CEO to Pay SEC $38.5M to Settle Securities Fraud Charges
Digital Currency Group (DCG) and Soichoro “Michael” Moro, the former CEO of its now-defunct Genesis subsidiary, have agreed to pay a combined
1d
Tech Lobbyists Are Mad Feds Want to Regulate Digital Payment Apps Like Banks
After a fintech startup recently lost its users funds, it is hard to find sympathy for tech companies seeking loosened ...
CoinDesk
2d
Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency
Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump's Treasury secretary ...
The Daily Hodl
15h
SEC Slaps Digital Currency Group With $38,000,000 Fine, Claims Crypto Venture Firm Misled Investors
The U.S. Securities and Exchange Commission (SEC) is hitting venture capitalist firm Digital Currency Group (DCG) and a former executive of Genesis with a multimillion-dollar fine, claiming they ...
decrypt
2d
Trump's Treasury Pick Scott Bessent Pours Cold Water on US Digital Dollar Initiative
Scott Bessent told the Senate he saw 'no reason' for the U.S. to pursue a central bank digital currency, aligning with ...
4d
on MSN
Crypto sector donates cash and digital currency for LA fire relief, Blockdaemon and Ripple help lead effort
A s a hub for technology, many crypto companies call California home. Faced with ongoing XRP through The Giving Block to ...
6d
Jamie Dimon says bitcoin is the crypto of choice for 'sex traffickers, money launderers, ransomware'
Jamie Dimon, the longtime CEO of JPMorgan Chase, isn't softening the tone of his criticisms of cryptocurrency, particularly ...
4d
Decision on digital pound over two years away, Bank of England says
No decision will be made for at least a couple of years on whether Britain will go ahead with a central bank digital currency ...
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