A New York judge has granted a key victory to the New York Attorney General’s (NYAG) securities fraud lawsuit against Digital Currency Group (DCG), clearing the way for potential repercussions across the crypto market. This legal decision, which follows attempts by DCG’s representatives and its co-founders Barry Silbert and Michael Moro to dismiss the case, centers on allegations of misleading investors regarding financial practices during a tumultuous period following the collapse of Three Arrows Capital. The NYAG alleges that investors were deceived about an investment pool worth billions of dollars, with the lawsuit now set for further proceedings. 🎧 This legal development signals the increasing scrutiny of the crypto market and could shape future regulatory policies.