The Latest Breaking News from DCG

A Major Crypto Firm Is Backing The Clarity Act. It Says The U.S. Is Losing Ground In The Industry

Digital Currency Group (DCG), one of the cryptocurrency industry's largest investment firms, has urged the U.S. Senate to pass the Clarity Act, arguing that the country is losing ground.

International Business Times · Jul 29

Do Americans Even Want Chinese Cars?

The prospect of buying a new car is more out of reach than ever for many Americans. Average new-car transaction prices still hover around $50,000, while most of the country’s cheapest vehicles have disappeared over the past decade. Heading into 2026, there may not be a single new car sold…

Motor1 · Jan 7

Digital Currency Group Sues Genesis Over $1.1 Billion 2022 Bailout Amid Bankruptcy Dispute (UPDATED)

Editor’s note: the story has been updated with a statement by the Digital Currency Group.

Benzinga · Aug 15, 2025

New York AG Files $1B Lawsuit Against NovaTech, AWS Mining Over Crypto 'Pyramid Schemes'

New York's Attorney General has filed a billion-dollar lawsuit against AWS Mining and NovaTech for allegedly defrauding thousands of New Yorkers out of millions worth in cryptocurrencies.

International Business Times · Jun 7, 2024

Gemini Reaches Settlement To Return $1.1B In Digital Assets To Earn Users

Gemini has reached a settlement to pay over $1 billion to users of its defunct Earn program that collapsed after financial services company Genesis, which held Earn users' funds, defaulted on Earn customers' loans.

International Business Times · Mar 1, 2024

New York attorney general expands crypto lawsuit tied to Winklevoss twins

Letitia James triples size of alleged fraud scheme by Digital Currency Group and other crypto defendants to over $3bn

The Guardian - US · Feb 9, 2024

Exclusive: Genesis reaches settlement with New York regulator, will forfeit BitLicense and pay $8 million fine

The agreement with the NY Department of Financial Services comes on the heels of a major lawsuit by the state's attorney general.

Fortune · Jan 12, 2024

Here are the biggest crypto stories of 2023

In 2023, crypto industry onlookers were shocked by high-profile arrests and Sam Bankman-Fried’s trial but also given hope by a flurry of spot Bitcoin ETF applications and rebounding prices.

Fortune · Dec 29, 2023

Grayscale Surrenders To SEC's Preferred Creation/Redemption Model, Submits Amended Bitcoin ETF Application Following Silbert's Resignation

Like BlackRock and ARK, Grayscale also initially said it would use the in-kind creation and redemption model on its spot Bitcoin ETF. But as Wall Street giants ironed out details with the regulator – probably looking to be a part of the first wave of applications to be approved by…

International Business Times · Dec 27, 2023

Barry Silbert Steps Down As Grayscale Investments' Chairman Of The Board

Silbert, who is the CEO of the Digital Currency Group -- the parent company of Grayscale -- resigned from his post effective Jan. 1, 2024.

International Business Times · Dec 26, 2023