DCG, Silbert Facing Securities Class Action Lawsuit from Genesis Creditors

25. January 2023 0 Comments

• Digital Currency Group (DCG) and CEO Barry Silbert are facing a securities class action (SCA) lawsuit from a group of Genesis creditors. • The lawsuit was filed by Silver Golub & Teitell (SGT), on behalf of those who entered into lending agreements involving digital assets with Genesis. • The lawsuit claims that Genesis broke […]

Investors Warned: Avoid Crypto Euphoria, Invest in Gold Instead

25. January 2023 0 Comments

• Jim Cramer, host of CNBC’s Mad Money, cautioned investors not to fall victim to crypto euphoria, instead seeking gold as a substitute. • On Jan. 23, the price of Bitcoin surged further as investors gambled that the Federal Reserve would slow or halt its interest rate reductions. • Cramer looked to the daily chart […]