U.S. prosecutors and the Securities and Exchange Commission (SEC) have started to investigate cryptocurrency-focused conglomerate Digital Currency Group (DCG), Bloomberg reported on Saturday, citing unnamed sources. DCG’s wholly-owned brokerage subsidiary, Genesis Global Trading, also announced a 30% staff reduction to keep afloat with 145 employees, adding on to a 20% layoff in August last year, according to a CoinDesk report on Friday. (forkast)
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US Prosecutors, SEC Probes Digital Currency Group
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