Digital Currency Group Enlists Former Trump Lawyer to Battle NYAG Lawsuit
Digital Currency Group (DCG) has hired Barry Berke, a former lawyer involved in Donald Trump’s impeachment trials, to defend against a $1.1 billion fraud lawsuit filed by the New York Attorney General (NYAG). The lawsuit targets DCG, its subsidiary Genesis, and Gemini exchange. However, DCG has denied the allegations and plans to contest them.
Berke’s Impressive Resume
Berke is known for his expertise in crisis management and client protection. He played a significant role in Trump’s impeachment trials and successfully defended former New York City Mayor Bill de Blasio against federal and local charges in 2017. Additionally, Berke recently secured the dismissal of bribery and fraud charges against former New York Lieutenant Governor Brian Benjamin.
This hiring follows Grayscale Investments’ recruitment of ex-Obama lawyer Donald B. Verrilli Jr., who successfully argued against the rejection of Grayscale’s Bitcoin ETF application by the US Securities and Exchange Commission.
Berke’s Skills Could Impact the NYAG Case
If the NYAG is not adequately prepared, Berke’s unique questioning methods could dismantle the case swiftly. In previous cases, Berke has effectively undermined prosecution arguments through innovative questioning techniques.
According to those who have worked with Berke, he combines creativity, thorough preparation, and hard work to execute his strategies successfully.
Hot Take: DCG Strengthens Its Legal Defense with High-Profile Hires
By enlisting experienced lawyers like Barry Berke and Donald B. Verrilli Jr., Digital Currency Group demonstrates its commitment to fighting legal battles effectively. These hires bring extensive expertise and a track record of success to DCG’s defense against the NYAG lawsuit and other potential legal challenges. With their skills and strategic approach, DCG is positioning itself to navigate complex legal issues in the cryptocurrency industry.
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