New York sues crypto firms, alleging fraud in $1B case

New York sues crypto firms, alleging fraud in $1B case

New York Attorney General Letitia James filed a lawsuit against cryptocurrency companies, alleging $1 billion in fraud. James alleges that cryptocurrency trading companies Gemini Trust Company, Genesis Global Capital, LLC, its affiliates and Digital Currency Group (DCG) are guilty of defrauding more than 230,000 investors. James’s investigation alleged that Gemini lied to investors about a … Read more