DCG released Q3 financial report: comprehensive revenue was US$188 million, mainly contributed by Grayscale

Digital Currency Group (DCG) today released third-quarter financial results to shareholders, outlining the financial results across its businesses and providing an update on the fraud lawsuit filed by the New York Attorney General against its now-defunct subsidiary Genesis. Condition. DCG posted consolidated revenue of $188 million, mainly due to its asset management arm Grayscale. This is the first update since Genesis announced it was ceasing operations and NYAG accused the company of defrauding investors. Third quarter EBITDA was $69 million. Some personal information about DCG founder and CEO Barry Silbert was also disclosed: “In August, Barry and his wife learned that their 9-year-old daughter had a rare form of pediatric bone cancer. Over the past two months, Barry’s The main focus has been providing for his family and making sure his daughter gets the best medical care." One source said Silbert's daughter's condition allowed him to obtain an extension for an NYAG investigative interview, but the NYAG subsequently filed suit without an interview. The company has been cooperating with the NYAG and claims to have been blindsided by the lawsuit filed earlier this month. (The Block) According to previous news, DCG issued a statement in response to the New York Attorney General's prosecution: it refuted all accusations and found no wrongdoing.