Crypto VC Digital Currency Group (DCG) has called the settlement between subsidiary Genesis and New York as a “subversive arrangement.” Last week, DCG raised objections to defunct crypto lender Genesis’s plans to sell its assets amounting to around $1.6 billion. The assets included shares in Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG). In a fresh filing on Wednesday, DCG submitted its objection to Genesis’s proposed settlement with New York attorney general office. DCG contended that Genesis did not follow proper legal processes and the agreement falsely diverted funds to preferred creditors.