Search results
- Crypto trust firm Gemini sued Digital Currency Group on Friday, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis, which held funds for Gemini tied to the latter company's Earn program.
People also ask
Did Gemini 'fraud' through DCG subsidiary Genesis?
Who is suing Gemini Trust Company & Genesis Global Capital?
How much did Gemini & Genesis fraud cost New Yorkers?
Why is Gemini vs Genesis a dispute?
Oct 19, 2023 · Crypto Groups Gemini, Genesis, and DCG Sued for $1.1 Billion ‘Fraud’. New York’s attorney general has filed a lawsuit against crypto companies, including the Winkelvoss twins’ Gemini,...
Oct 19, 2023 · The New York attorney-general has sued cryptocurrency conglomerate Digital Currency Group, the Winklevoss twins’ exchange Gemini and collapsed crypto lender Genesis for allegedly defrauding...
- Nikou Asgari
Oct 19, 2023 · Driving the news: New York attorney general Letitia James announced Thursday that her office has sued Gemini Trust, Genesis Global and Digital Currency Group for defrauding some 230,000 investors of more than $1 billion.
- Crystal Kim
Oct 19, 2023 · An investigation by the Office of the Attorney General (OAG) found that Gemini lied to investors about an investment program it ran with Genesis called Gemini Earn. Gemini repeatedly assured investors that investing with Genesis through their Gemini Earn program was a low-risk investment.
Nov 22, 2023 · The lawsuit alleges that the three companies defrauded over 230,000 investors of over $1 billion through a crypto lending program called “Gemini Earn”, per the official statement.
Jul 7, 2023 · Crypto trust firm Gemini sued Digital Currency Group on Friday, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis, which...
Jul 7, 2023 · The legal action alleges that DCG and Silbert “engaged in a fraudulent scheme to induce a variety of depositors, including Gemini users,” in order to “lend huge amounts of cryptocurrency and U.S. Dollars to DCG’s subsidiary Genesis Global Capital.”
