SEC Imposes $38 Million Penalty on Digital Currency Group for Negligence

SEC Imposes $38 Million Penalty on Digital Currency Group for NegligenceThe U.S. Securities and Exchange Commission (SEC) has imposed a $38 million fine on Digital Currency Group (DCG), accusing the company of negligence in misleading investors about the financial stability of its subsidiary, Genesis Global Capital (GGC). SEC Alleges Misleading Practices by Digital Currency Group and Genesis Global Capital This case raises pressing questions about […]

Source: https://news.bitcoin.com/sec-imposes-38-million-penalty-on-digital-currency-group-for-negligence/

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