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The judge dismissed most of DCG's motion to dismiss the New York Attorney General's securities fraud lawsuit.

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CoinDesk
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Apr 10, 2025

A judge has largely denied the motion by Digital Currency Group (DCG) to dismiss a civil securities fraud lawsuit filed by the New York Attorney General (NYAG), Letitia James. The lawsuit accuses DCG of misleading investors about the financial health of its subsidiary, Genesis Global Capital. The judge's decision allows the case to proceed, potentially impacting DCG's operations and investor relations.

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