DCG and Silbert have denied that the promissory notice was a sham. Of their motions to dismiss, legal professionals for DCG and Silbert claimed that the notice was totally vetted and binding, including that, along with the notice, DCG transferred lots of of hundreds of thousands of {dollars} and belongings into Genesis to fill the outlet in its steadiness sheet. The tweets reassuring buyers of Genesis’ “strong” steadiness sheet, they argued, had been merely “corporate puffery” – not lies.
