Silbert’s Digital Foreign money Group (DCG), which owns Grayscale, was sued in October by New York Legal professional Normal Letitia James for allegedly defrauding greater than 230,000 buyers, together with a minimum of 29,000 New Yorkers, of greater than $1 billion. James additionally charged Silbert with defrauding the general public by making an attempt to hide heavy losses. DCG and Silbert rejected the allegations.