US SEC Sues Digital Currency Group

Source
JH Kim

Summary

  • The United States Securities and Exchange Commission (SEC) announced that it has sued Digital Currency Group (DCG) and the former CEO of Genesis.
  • The SEC has raised issues with misleading investors by DCG and related parties.
  • This case is expected to have a significant impact on the virtual asset investment environment.

On the 17th (local time), according to the virtual asset (cryptocurrency) market insight platform Unfolded, the United States Securities and Exchange Commission (SEC) has sued Digital Currency Group (DCG) and former Genesis CEO Michael Moro for misleading investors.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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