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