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


Headshot: Donald Hall

Donald R. Hall
Headshot: Jeffrey Capisi

Jeffrey P. Campisi


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

Kaplan Fox & Kilsheimer LLP is serving as Co-Lead Counsel in McGreevy, et al., v. Digital Currency Group, Inc., et al. pending in the United States District Court for the District of Connecticut.

On November 13, 2023, Lead Plaintiffs filed an amended complaint against Digital Currency Group, Inc., Barry Silbert, Glenn Hutchins, Lawrence Lenihan, Michael Kraines, Mark Murphy, Soichiro “Michael” Moro, and Derar Islim alleging violations of the Securities Act of 1933, the Securities Exchange Act of 1934, and violations of New York and Connecticut consumer protection statutes. A copy of the November 13, 2023 amended complaint can be viewed here.

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[.]”


Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey.  With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand.  Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients.  For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at

Connect with Kaplan Fox.

Receive a complimentary case review now.