币界网报道:Genesis Global Capital's collapse has triggered a lawsuit against Digital Currency Group (DCG) executives, alleging they ignored internal warnings about unsustainable lending practices. Former Genesis risk officer Timothy Ball reportedly cautioned management in 2021 about overexposure to Three Arrows Capital, while ex-CFO Michael Patchen allegedly dismissed concerns about Alameda Research's creditworthiness months before FTX's collapse. The complaint filed by Genesis creditors claims DCG executives Barry Silbert and Mark Murphy used Genesis as an "alter ego" to prop up DCG's struggling ventures, including Grayscale Bitcoin Trust. The lawsuit seeks to hold DCG liable for Genesis' $1.2 billion debt to creditors, arguing the parent company effectively controlled Genesis' operations while maintaining a facade of corporate separation. This legal action follows Genesis' January 2023 bankruptcy filing, which revealed $3.5 billion in liabilities to top creditors including Gemini and VanEck.