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Silbert’s Digital Foreign money Group (DCG), which owns Grayscale, was sued in October by New York Legal professional Basic Letitia James for allegedly defrauding greater than 230,000 traders, together with not less than 29,000 New Yorkers, of greater than $1 billion. James additionally charged Silbert with defrauding the general public by attempting to hide heavy losses. DCG and Silbert rejected the allegations.
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