🚨Breaking News: Digital Currency Group (DCG) is under investigation by NY Attorney General Letitia James for financial transactions with its subsidiary, Genesis Global Capital.🔍

📌What's the deal?

- DCG received $575M in loans from Genesis

- Officials examining a $1.1B promissory note from DCG's CEO, Barry Silbert

- Investigation focuses on loans & transactions between the companies

🤔Genesis filed for bankruptcy in January, owing $226M to FTX & its affiliates. Will this probe lead to formal complaints?🤷

👇Share your thoughts in the comments!😉