TechFlow news: According to CoinDesk, Barry Silbert, CEO of DCG, the parent company of Genesis Global Capital, has filed a motion to dismiss a lawsuit brought against DCG by New York Attorney General Letitia James. In its filing, DCG stated that rather than withdrawing capital from Genesis after the collapses of Three Arrows Capital and cryptocurrency exchange FTX, it contributed approximately $1.4 billion (at today's value) to support the affected businesses.
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