SEC fines DCG $38M over alleged investor fraud, sanctions Genesis CEO for negligence

The US Securities and Exchange Commission (SEC) initiated enforcement actions against Digital Currency Group (DCG) and its subsidiary Genesis on Jan. 17. The regulator ordered DCG to pay a $38 million civil penalty and comply with a cease-and-desist order to prevent future violations of securities laws. The SEC accused the crypto conglomerate and its former […] The post SEC fines DCG $38M over... source: https://cryptoslate.com/sec-fines-dcg-38m-over-alleged-investor-fraud-sanctions-genesis-ceo-for-negligence/