Digital Currency Group under investigation by US authorities: Report By Cointelegraph

Crypto conglomerate Digital Currency Group, or DCG, is under investigation by the United States Department of Justice’s Eastern District of New York and the Securities and Exchange Commission (SEC), according to a Bloomberg report.

The authorities are digging into internal transfers between DCG and its subsidiary crypto lending firm Genesis Global Capital, according to the report, which cited people familiar with the matter. Prosecutors have already requested interviews and documents from both companies, while the SEC is running a similar early-stage inquiry.