Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis
January 18, 2023 Barry Silbert, bitcoin trust, Cameron Winklevoss, ceo, Charges, CoinDesk, crypto companies, crypto lending, Customers, DCG, Digital Currency Group, dividend suspension, dividends, financial crypto publication, Foundry USA, Gemini EARN, Genesis Global Capital, Grayscale Investments, independent operating subsidiary, liquidity issues, Loan Originations, market environment, News, Open Letter, Portfolio, SEC, SEC charges, securities sale, subsidiary, suspension, unregistered, Withdrawals 0 Comments

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,......