DCG and Silbert have denied that the promissory be aware was a sham. Of their motions to dismiss, legal professionals for DCG and Silbert claimed that the be aware was absolutely vetted and binding, including that, along with the be aware, DCG transferred tons of of tens of millions of {dollars} and belongings into Genesis to fill the opening in its stability sheet. The tweets reassuring traders of Genesis’ “sturdy” stability sheet, they argued, had been merely “company puffery” – not lies.
