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Digital Currency Group, a venture capital firm, has filed a motion to dismiss a criminal suit filed against them by the New York Attorney General’s office.
The legal battle between DCG and the NYAG has been ongoing for several months, and is directly entangled with a dispute between two other prominent crypto firms: Genesis, a now-defunct brokerage firm, and Gemini, exchange and bank. These groups have been entangled in a series of disputes that trace back years, involving dramatic relationship changes and serious fraud accusations. A particularly relevant twist in the whole situation is the fact that the bankrupt Genesis is and has been a subsidiary of the substantially powerful DCG, which holds billio
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