The SEC imposes a $38 million penalty on the cryptocurrency group for negligence

The SEC imposes a $38 million penalty on the cryptocurrency group for negligenceThe US Securities and Exchange Commission (SEC) has fined Digital Currency Group (DCG) $38 million, accusing the company of negligently misleading investors about the financial stability of its subsidiary, Genesis Global Capital (GGC). The SEC alleges deceptive practices by Cryptocurrency Group and Genesis Global Capital. This case raises urgent questions about (...)

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