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Judge revives fraud claim against Barry Silbert, DCG in Genesis Yield lawsuit

Covered by 5 sources · 5 articles

5 outlets - including Crypto, Cryptopolitan and Bitcoinworld and 2 more - are covering this story. A U.S. judge revived a fraud claim against Barry Silbert and DCG in a Genesis Yield lawsuit while securities claims move ahead.

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Judge revives fraud claim against Barry Silbert, DCG
Crypto.news Jul 7, 05:31 UTC

Judge revives fraud claim against Barry Silbert, DCG

A U.S. judge revived a fraud claim against Barry Silbert and DCG in a Genesis Yield lawsuit while securities claims move ahead.

Crypto yield faces a securities test as court revives DCG fraud claim
Cryptopolitan Jul 7, 02:19 UTC

Crypto yield faces a securities test as court revives DCG fraud claim

A federal judge in Connecticut has reinstated a fraud lawsuit against Digital Currency Group (DCG), its founder Barry Silbert, and other defendants regarding the failed Genesis Yield project, while also allowing a federal appeals court to p…

US Court Revives Fraud Claims Against Barry Silbert and DCG in Genesis Yield Case
Bitcoin World Jul 6, 23:40 UTC

US Court Revives Fraud Claims Against Barry Silbert and DCG in Genesis Yield Case

BitcoinWorld US Court Revives Fraud Claims Against Barry Silbert and DCG in Genesis Yield Case A United States federal court has decided to rehear fraud claims in a class-action lawsuit against Barry Silbert, founder of Grayscale, and Digit…

Judge Revives Fraud Claims Against Barry Silbert and DCG in Genesis Yield Case
Crypto Economy Jul 6, 22:55 UTC

Judge Revives Fraud Claims Against Barry Silbert and DCG in Genesis Yield Case

TL;DR: Revival of the lawsuit: The Connecticut District Court partially reversed its previous stance to process charges under New York common law. State impact: Consumer protection lawsuits were dismissed in four U.S. states and frozen in t…

Judge revives fraud claim against Barry Silbert, DCG in Genesis Yield lawsuit
The Block Jul 6, 18:55 UTC

Judge revives fraud claim against Barry Silbert, DCG in Genesis Yield lawsuit

The class action centers on Genesis Yield, a lending program that let customers deposit crypto in exchange for interest payments.