McGreevy, et al., v. Digital Currency Group, Inc., et al.

United States District Court – District of Connecticut

Class Period: February 2, 2021 – november 16, 2022

Attorneys:

Headshot: Donald Hall

Donald R. Hall

DHall@kaplanfox.com
Headshot: Jeffrey Capisi

Jeffrey P. Campisi

JCampisi@kaplanfox.com

Kaplan Fox & Kilsheimer Appointed Co-Lead Counsel in Digital Currency Group Case

New York, NY – On April 25, 2023, Kaplan Fox & Kilsheimer LLP was appointed Co-Lead counsel in McGreevy v. Digital Currency Group.

The Complaint states that on November 16, 2022, Genesis Global Capital announced, via Twitter, that Genesis Global Capital would not permit further redemptions or new loan originations due to withdrawal requests exceeding Genesis Global Capital’s liquidity:


“FTX events have created an unprecedented market, resulting in abnormal withdrawal requests, which have exceeded our current liquidity… In consultation with our professional financial advisors at counsel we have taken the difficult decision to temporarily suspend redemptions and the new loan origination in the lending business[.]”

To view the full amended complaint, click here.

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