Cryptocurrency firm DCG and two of its executives - CEO and founder Barry Silbert and former CEO of DCG's wholly-owned trading arm Genesis Soichiro "Michael" Moro - have asked lawyers to file documents to convince a judge to dismiss a civil fraud lawsuit filed against them by New York Attorney General (NYAG) Letitia James. Lawyers argued that social media posts about Genesis's "strong" balance sheet were not lies aimed at fraud, but simply "corporate exaggeration". "DCG did what a responsible parent company should do, providing advice, providing financial support and, in some cases, reviewing and commenting on Genesis communications," DCG lawyers wrote.