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<ul class="news-points"> 
 <li>Barry Silbert’s Digital Currency Group is undergoing scrutiny by the New York Attorney General.</li> 
 <li>The regulator is investigating the DCG over its dealings with Genesis Global Capital.</li> 
 <li>Details of the investigation include a probe involving Genesis’ past chief risk officer, Michael Patchen.</li> 
</ul> 
According to reports, Barry Silbert’s Digital Currency Group (DCG) is undergoing scrutiny by the New York Attorney General (NYAG). The regulator is investigating the DCG over its dealings with Genesis Global Capital, a subsidiary of the parent company. Details of the investigation include a probe involving Genesis’ past chief risk officer, Michael Patchen, who left the firm in October 2022. 
The latest <a href="https://www.bloomberg.com/news/articles/2023-08-04/dcg-probes-grow-as-ny-attorney-general-seeks-genesis-information?in_source=embedded-checkout-banner#xj4y7vzkg" target="_blank" rel="noopener noreferrer nofollow">report</a> follows the initial scrutiny the DCG faced last January by the Eastern District of New York. The probe involved the United States Department of Justice (DoJ) and the <a href="https://coinedition.com/tag/sec/" rel="noopener noreferrer nofollow">Securities and Exchange Commission (SEC)</a>.&nbsp; 
There has been no official announcement of the probe by the NYAG, and the DCG has not confirmed if there are ongoing investigations. However, the firm said it is working with regulators and investigators on request. 
DCG faced probes in January over internal t… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/nyag-investigates-barrysilberts-dcg-over-ties-with-genesis/">NYAG Investigates Barry Silbert’s DCG Over Ties With Genesis</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

NYAG Investigates Barry Silbert’s DCG Over Ties With Genesis

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