BREAKDOWN: The SEC and DOJ Are Reportedly Investigating DCG

According to sources, the U.S. agencies’ investigations are in early stages and Digital Currency Group has not been accused of any wrongdoing.

On today’s episode, NLW catches up on:

Why bitcoin’s price went up firmly above $17,000The latest Binance concerns Reports the Securities and Exchange Commission and Justice Department are investigating DCG’s internal transfers 

(CoinDesk is an independent subsidiary of DCG.) 

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Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26–28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit https://consensus.coindesk.com/register/?utm_campaign=thebreakdown&utm_content=c23&utm_medium=marketing&utm_source=podcast&utm_term=organic&utm_id=c23

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Image credit: z_wei/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

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