🚀🤓Crypto drama alert! Digital Currency Group (DCG), CEO Barry Silbert, and ex-CEO Michael Moro are duking it out in court with NY Attorney General Letitia James. She's accusing them of covering up a $1 billion hole in Genesis' balance sheet after a crypto hedge fund went belly up. 📉💸

👩‍⚖️🔍James says DCG made "false assurances" on Twitter, promising to fill the hole with a promissory note but never actually paid up. Genesis and Gemini have settled, but DCG, Silbert, and Moro are fighting back, calling the suit "meritless." 🥊💼

📝🤔They argue the promissory note was legit and that they transferred hundreds of millions into Genesis. They claim their tweets about Genesis' "strong" balance sheet were not lies, but "corporate puffery." 🐦💪

👀🍿James disagrees, calling it a "misrepresentation of existing facts." The battle continues! What's your take on this crypto courtroom drama? Drop your thoughts below! 🗣️💭 #DeFi #Web3 #CryptoNews

Remember, in the wild world of crypto, always DYOR (Do Your Own Research)! 🧐🔬