Digital Currency Group filed a motion today to dismiss a lawsuit from New York Attorney General Letitia James against it and its subsidiary Genesis Global Capital.

The lawsuit was filed in October 2023 before being expanded last month.

Barry Silbert, the founder and CEO of DCG, additionally filed a motion to dismiss the NYAG's accusation that he concealed losses at both firms.

The NYAG alleges that the defendents defrauded investors connected to crypto exchange Gemini's former Earn product and Genesis out of $3 billion after the collapse of crypto firm Three Arrows Capital and crypto exchange FTX.

"Today, DCG and Barry Silbert filed motions to dismiss the meritless civil complaint filed by the New York Attorney General against Gemini, Genesis, and DCG," the firm said in a statement, …