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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.

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)
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)