Trial Set for DCG, Silbert and Moro in Securities Fraud Case

A long-awaited legal battle between the cryptocurrency firm Digital Currency Group (DCG), its CEO Barry Silbert, and former Genesis Global Capital CEO Michael Moro is set to go to trial. A New York judge has ruled that most of the civil securities fraud lawsuit filed by New York Attorney General Letitia James against DCG, Silbert, Genesis Global Capital, and Gemini will proceed to trial. This marks a significant development in the ongoing saga following the collapse of Singapore-based crypto hedge fund Three Arrows Capital (3AC) in 2022.