Explosive Genesis Lawsuit Exposes DCG’s Alleged ’Alter Ego’ Scam—Ignored Red Flags Revealed

DCG's house of cards just got shakier.

New court docs allege Digital Currency Group ran a shell game with Genesis—while brushing off internal alarms. The lawsuit claims DCG treated Genesis like a personal slush fund, shuffling liabilities between 'alter ego' entities like a crypto Three-card Monte.

Red flags? What red flags?

Insiders reportedly warned about balance sheet shenanigans for months. Execs allegedly shrugged—because when has financial opacity ever backfired in crypto? (Spoiler: Always.)

The complaint paints a picture of corporate control so tight, it makes centralized exchanges look decentralized. DCG's alleged playbook: Move money, mute critics, repeat until the music stops.

Another day, another 'too big to fail' crypto giant playing fast and loose with other people's money. The only surprise? Anyone's still surprised.