New York Attorney General Letitia James is suing Gemini, Genesis, and Digital Currency Group over claims they defrauded investors and concealed the loss of $1 billion.
New York Attorney General Letitia James is suing three cryptocurrency companies — Gemini, Genesis, and Digital Currency Group — over claims they misled investors, leading to the loss of over $1 billion. In a lawsuit filed on Thursday, James says their alleged fraudulent schemes affected over 230,000 investors. The lawsuit targets Gemini, the crypto exchange owned by Cameron and Tyler Winklevoss, and its Earn program.
Additionally, James is suing Genesis and its DCG parent company for allegedly trying to cover up over $1 billion in losses. James is seeking to ban Gemini, Genesis, and DCG from the investment industry in New York. She also wants the firms to “pay damages, restitution, and disgorgement of all funds and cryptocurrencies” that they earned as part of their alleged schemes.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
New York Attorney General sues Gemini, Genesis, DGC for allegedly defrauding investorsNew York's attorney general has filed a lawsuit against Gemini, Genesis, DGC for allegedly defrauding investors through the Gemeni Earn investment program.
Baca lebih lajut »
New York Attorney General Sues Gemini, DCG, Genesis; AI's Role in the Future of Web3New York Attorney General Letitia James filed a lawsuit against crypto firms Gemini, Genesis Global Capital, and Digital Currency Group. CoinDesk is owned by DCG. MV Capital CIO Tom Dunleavy shares his crypto markets analysis. Former CFTC commissioner Dawn Stump weighs in on the state of crypto regulation in the U.S.
Baca lebih lajut »
New Jersey Attorney General Matthew Platkin: 'We've been dealing with a rise in bias activity'Authorities say there has been an uptick in reported bias incidents and hate crimes since the Hamas terror attack on Israel.
Baca lebih lajut »
Consul for Public Diplomacy at the Consulate General of Israel in New York condemns Hamas attackThe consul said the state of Israel is grateful for the tremendous show of support from nations around the world.
Baca lebih lajut »
New Milestone in Fast Charging Stations for Electric Vehicles Across New York StateGovernor Hochul Announces New Milestone in Efforts to Build Fast Charging Stations for Electric Vehicles Across New York State
Baca lebih lajut »
Alaska attorney general approves free legal defense for top officials accused of ethical lapsesThe policy change was unanimously opposed by those members of the public who testified; critics say it’s a recipe for self-dealing.
Baca lebih lajut »