Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis

Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis


Bitcoin.com
2023-01-18 20:30:10

According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SEC) charging a subsidiary firm of DCG, Genesis Global Capital, with operating an “unregistered offer and sale of securities to retail