<ul><li>Genesis Global Capital has filed two lawsuits against its parent company, Digital Currency Group (DCG), accusing them of misleading creditors and fraudulent asset transfers.</li><li>The lawsuits aim to recover over $3.1 billion, with $2.1 billion in digital assets alleged to have been diverted to DCG affiliates.</li><li>Genesis alleges that DCG made inappropriate transfers, including a $1.1 billion promissory note and $1.2 billion in assets, to shield DCG from Genesis's financial collapse.</li><li>The case filed in Delaware highlights corruption, fraud, and mismanagement accusations against DCG, showcasing potential impacts on transparency in the cryptocurrency industry.</li></ul>

Genesis Files $3.1B Lawsuit Against DCG for Fraud and Asset Mismanagement

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