Crypto company Digital Currency Group agreed to pay a $38 million fine to settle with the Securities and Exchange Commission over allegations of negligence in overseeing a program offered by its now-defunct lending subsidiary Genesis Global Capital. The SEC announced the resolution on Friday, saying DCG’s failure to exercise reasonable care created a materially false impression to the public regarding Genesis's financial health. Michael Moro, former chief executive of Genesis, also settled with the SEC for $500,000.