Who is suing Gemini Trust Company & Genesis Global Capital?

NEW YORK – New York Attorney General Letitia James today filed a sweeping lawsuit against cryptocurrency companies Gemini Trust Company (Gemini), Genesis Global Capital, LLC and its affiliates (Genesis), and Digital Currency Group, Inc. (DCG) for defrauding more than 230,000 investors, including at least 29,000 New Yorkers, of more than $1 billion.

What does Attorney General James say about Gemini & Genesis?

Through this lawsuit, Attorney General James seeks to ban Gemini, Genesis, and DCG from the financial investment industry in New York, and seeks restitution for investors and disgorgement of ill-gotten gains.

Did Gemini defraud investors?

New York Attorney General Letitia James filed a lawsuit Thursday against Gemini Trust Company, Genesis and Digital Currency Group for allegedly defrauding more than 230,000 investors of more than $1 billion. The lawsuit alleges that crypto exchange Gemini lied to investors about an [investment prog