Digital Currency Group’s $1.1B Legal Bombshell: Why It’s Suing Its Own Subsidiary
When a crypto giant turns on its own, you know the stakes are sky-high.
Digital Currency Group (DCG)—the shadow empire behind Grayscale and CoinDesk—just dropped a legal nuke: a lawsuit against its subsidiary over a jaw-dropping $1.1 billion loan. Cue the industry gasps.
Blood in the water? Or just creative accounting?
Insiders whisper this could be a power play—or a desperate scramble to untangle a debt spiral. Either way, it’s a masterclass in crypto’s favorite pastime: turning financial drama into front-page fodder.
Remember: in traditional finance, this would be a scandal. In crypto? Just another Tuesday.