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crypto firmCNBC
•85% Informative
Digital Currency Group , the crypto firm founded by Barry Silbert , is paying the SEC $38.5 million for misleading investors.
The SEC said DCG and Soichiro "Michael" Moro , the ex-CEO of Genesis Global Capital , will pay the civil penalties.
Genesis was among the multiple casualties in the industry contagion set off by the collapse of FTX in 2022 .
VR Score
86
Informative language
84
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91
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English
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57
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Attention-grabbing headline
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2
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