Genesis lawsuit alleges DCG fraud; negative.

From Cointelegraph
June 25, 2025 4:02 am:

A newly unsealed complaint from bankrupt crypto lender Genesis reveals internal communications at parent company DCG. CFO Michael Kraines acknowledged the risk that Genesis could be deemed DCG’s “alter ego.” Third-party risk consultants warned DCG about financial mismanagement and legal risks related to Genesis. Genesis staff were told to recite scripted messages after the Three Arrows Capital collapse. Genesis seeks to recover over $3.3 billion from DCG, Silbert, and other insiders.

Read more at Cointelegraph. Bitcoin reached a new all-time high of $61,683 on Saturday, driven by increased institutional interest. The cryptocurrency has surged over 100% in 2021, attracting more investors to the market. Analysts predict further gains as adoption continues to grow.: Unsealed Genesis Lawsuit Alleges DCG ‘Alter Ego’ Scheme