Digital Currency Group under investigation by U.S. authorities: Report

Digital Currency Group under investigation by US authorities: Reported by Cointelegraph

Crypto agency Digital Foreign money Group, or DCG, is underneath investigation by the US Division of Justice’s Jap District of New York (EDNY) and the Securities and Alternate Fee (SEC). by the best way to a Bloomberg report.

Authorities are investigating inner transfers between DCG and its subsidiary, crypto lending agency Genesis International Capital, within the report, which cites individuals accustomed to the matter. Whereas prosecutors are already requesting interviews and paperwork from each firms, the SEC is conducting an identical investigation at an early stage.