Did Gemini defraud investors?

In October 2023, Attorney General James filed a sweeping lawsuit against cryptocurrency companies Gemini, Genesis, and DCG for defrauding investors out of more than $1 billion. This suit was the result of an OAG investigation that found that Gemini lied to investors about an investment program it ran with Genesis called Gemini Earn.

Did Genesis conceal a billion in losses from investors?

In October 2023, Attorney General James filed a lawsuit alleging that Genesis, along with other defendants, concealed more than $1.1 billion in losses from investors that provided digital assets through an investment program called “Gemini Earn.”

Did DCG mislead investors through Gemini Trust?

Initially filed in October, the lawsuit targeted DCG, its Genesis Global Capital unit, and Gemini Trust, alleging fraudulent practices. James claims the defendants misled investors through the Gemini […]