Silbert’s Digital Currency Group (DCG), which owns Grayscale, was sued in October by New York Attorney General Letitia James for allegedly defrauding more than 230,000 investors, including at least 29,000 New Yorkers, of more than $1 billion. James also charged Silbert with defrauding the public by trying to conceal heavy losses. DCG and Silbert rejected the allegations.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://www.coindesk.com/business/2023/12/26/barry-silbert-resigns-as-grayscale-chairman-to-be-replaced-by-mark-shifke/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
- $1 billion
- 000
- 29
- Allegations
- also
- and
- AS
- At
- attorney
- Attorney General
- Barry Silbert
- BE
- Billion
- by
- chairman
- charged
- Coindesk
- conceal
- Currency
- DCG
- digital
- digital currency
- digital currency group
- Digital Currency Group (DCG)
- For
- General
- Grayscale
- Group
- heavy
- HTTPS
- images
- in
- Including
- Investors
- james
- jpg
- least
- Letitia James
- losses
- mark
- more
- New
- New York
- october
- of
- owns
- plato
- Plato Data Intelligence
- PlatoData
- public
- Rejected..
- replaced
- s
- sued
- than
- The
- to
- trying
- was
- which
- with
- york
- zephyrnet
More from CoinDesk
First Mover Asia: Bitcoin Holds Above $30.5K at the End of a Quiet, Long Weekend
Source Node: 2158783
Time Stamp: Jul 4, 2023
Celsius ‘Earn’ Assets Belong to Bankrupt Crypto Lender, Judge Rules
Source Node: 1868445
Time Stamp: Jan 5, 2023
Craig Wright v. Peter McCormack: Judge Rules McCormack Should Pay Around $1.1M in Costs
Source Node: 1780139
Time Stamp: Dec 21, 2022
Don’t Penalize Crypto in Banking Rules, Futures Industry Group Says
Source Node: 1714304
Time Stamp: Sep 30, 2022
House Republicans Demand SEC Explain What’s Up With Crypto Platform Prometheum
Source Node: 2527117
Time Stamp: Mar 26, 2024
Crypto.com Postpones South Korea Launch After Reports of Money Laundering Probe
Source Node: 2555368
Time Stamp: Apr 23, 2024
Craig Wright Will Be Able to Fight Bitcoin Copyright Claim in UK After Winning Appeal
Source Node: 2180163
Time Stamp: Jul 21, 2023
Over $600K Vanishes From DeFi Project Blur Finance; Developers Disappear
Source Node: 1616603
Time Stamp: Aug 10, 2022
Solar-Powered Bitcoin Miner Aspen Creek Raises $8M Despite Bear Market
Source Node: 1696866
Time Stamp: Sep 27, 2022