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McGreevy et al v. Digital Currency Group, Inc. et al

  1. January 23, 2024

    Crypto VC Lenders Want Conn. Securities Suit Kept Alive

    A group of lenders who accused Digital Currency Group in Connecticut federal court of misleading them through a "sham transaction" with a subsidiary argued this week that the crypto venture capital firm's motion to have their case dismissed overlooked crucial allegations, misrepresented facts and relied on inapplicable legal precedents.

  2. December 18, 2023

    Crypto Co. DCG Wants $1.1B Subsidiary Bankruptcy Suit Axed

    Cryptocurrency company DCG and several of its leaders have asked a Connecticut federal judge to toss a lawsuit alleging that they concocted a "sham" deal to hide a pending $1.1 billion implosion, saying the company and its leaders are not responsible for the bankruptcy of a subsidiary.

  3. September 11, 2023

    Former Exec Escapes Investor Challenge To $1.1B 'Sham' Deal

    Lenders suing Genesis Global Capital, a now-bankrupt subsidiary of cryptocurrency venture capital company Digital Currency Group Inc., have agreed to let a former executive out of a class action alleging that the company's leaders hid an impending $1.1 billion collapse from investors by failing to register securities.

  4. June 01, 2023

    DCG Wants Crypto Class Actions Consolidated In Conn.

    Cryptocurrency venture capital company Digital Currency Group Inc. and its CEO Barry Silbert want to see an investor suit they face in Manhattan federal court moved to Connecticut for potential consolidation with a separate action over alleged losses during the so-called "crypto winter."

  5. April 25, 2023

    Conn. Firm Can Co-Lead DCG Crypto Case With Kaplan Fox

    Connecticut-based Silver Golub & Teitell LLP and national firm Kaplan Fox & Kilsheimer LLP can serve as co-lead counsel for a proposed class of cryptocurrency lenders accusing Digital Currency Group Inc. and its top executive of hiding the company's looming financial collapse, with a judge finding that joint leadership would best serve their clients.

  6. April 07, 2023

    Law Firms, Plaintiffs In DCG Crypto Case Want To Co-Lead

    The Connecticut law firm Silver Golub & Teitell LLP has agreed to join with the national firm Kaplan Fox & Kilsheimer LLP to represent a proposed class of crypto lenders in a securities lawsuit against Digital Currency Group Inc. and CEO Barry Silbert, alleging that they engaged in a "sham" intercompany transaction to hide a subsidiary's insolvency.

  7. January 24, 2023

    Crypto Co. CEO Accused Of 'Sham' Deal To Hide $1.1B Loss

    The CEO of a bankrupt cryptocurrency company cooked up a "misleading sham transaction" to conceal an impending $1.1 billion implosion, a group of lenders alleged in a proposed securities class action case against Barry Silbert and Digital Currency Group Inc.