Golden Finance reported that cryptocurrency company DCG and its two executives – CEO and founder Barry Silbert and former CEO of DCG’s wholly owned trading unit Genesis, Soichiro “Michael” Moro, have asked lawyers to submit documents to persuade the judge to dismiss the civil fraud lawsuit filed against them by New York Attorney General (NYAG) Letitia James. The lawyers argued that social media posts about Genesis’ “strong” balance sheet were not lies intended to defraud, but simply “corporate exaggeration.” DCG lawyers wrote: “DCG did what a responsible parent company should do, providing advice, financial support, and in some cases reviewing and commenting on Genesis’ communications.”