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New York Expands Fraud Case Against Digital Currency Group to $3 Billion

An initial lawsuit accusing crypto firm DCG of cheating people out of $1 billion has been amplified by investors coming forward with losses tripling that, the NY attorney general said.

By Jesse Hamilton|Edited by Aoyon Ashraf

Updated Mar 8, 2024, 9:20 p.m. Published Feb 9, 2024, 5:46 p.m.

CEO Barry Silbert's Digital Currency Group is now accused by the New York Attorney General of a much heftier $3 billion in investor losses in a lawsuit amended Friday. (CoinDesk)