Thursday, 19 October, 2023

NY Attorney General Sues Gemini, Genesis, and DCG for Defrauding Crypto Investors of Over $1 Billion

The New York Attorney General has filed a lawsuit against cryptocurrency companies Gemini, Genesis, and DCG, alleging they defrauded crypto investors of more than $1 billion. The lawsuit claims these companies conducted illegal securities sales without proper registration, potentially harming crypto investors. This legal action reflects the regulatory scrutiny and efforts to protect investors in the rapidly evolving cryptocurrency market.