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BTCC / BTCC Square / Global Cryptocurrency /
Genesis LOC Files New Lawsuits Against DCG and Barry Silbert to Recover Billions

Genesis LOC Files New Lawsuits Against DCG and Barry Silbert to Recover Billions

Author:
Global Cryptocurrency
Published:
2025-05-21 08:54:01
12
3

The Genesis Litigation Oversight Committee has escalated its legal battle against Digital Currency Group and CEO Barry Silbert. Dual lawsuits allege mismanagement and fraud, seeking to recover billions tied to Genesis’ collapse during the 2023 crypto credit crisis.

Delaware court filings accuse insiders of reckless governance and self-dealing. The case underscores lingering fallout from the Terra-Luna contagion that toppled multiple crypto lenders.

|Square

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