Genesis Sues DCG and Barry Silbert for $3.3B Over Alleged Fraud and Asset Drain

2025-05-20 12:34:18

Abstract generation in progress

Story Highlights* Genesis Sues DCG & CEO Barry Silbert: The crypto lender seeks $3.3B, alleging fraud, mismanagement, and over $1B siphoned from assets.

Insolvency & Insider Withdrawals: Lawsuits claim DCG withdrew $1.2B while Genesis was insolvent, leaving creditors with $2.2B unpaid.

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