Genesis Parent Co. Says NY Fraud Suit Is 'Baseless Innuendo'

By Aislinn Keely ( March 6, 2024, 6:01 PM EST) -- Crypto conglomerate Digital Currency Group Inc. and its CEO told a New York trial court on Wednesday that the state attorney general's claims that it defrauded customers out of more than $3 billion are "a thin web of baseless innuendo, blatant mischaracterizations and unsupported conclusory statements" that should be permanently tossed. . . .

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