Digital Currency Fined $38 Million for Misleading Crypto Investors

By Katherine HamiltonDigital Currency Group is required to pay $38 million for misleading investors about the financial strength of its crypto subsidiary Genesis Global Capital.The Securities and Exchange Commission is giving Digital Currency 14 days

Digital Currency Group agrees to pay $38 million to settle with SEC over negligence

Global investment firm Digital Currency Group agreed to settle and pay $38 million to the U.S. Securities and Exchange Commission on Friday over allegations that it misled investors via crypto lender Genesis Global Capital, LLC. The SEC said that one