James filed a lawsuit against Gemini Trust, Digital Currency Group and Genesis Global Capital for their part in the failed “Gemini Earn” program that was supposed to offer high yields with little risk. According to the allegations, the program ripped off investors for more than $1 billion, partially due to entanglements with Sam Bankman-Fried’s Alameda Research.
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NYAG Files Lawsuit Alleging $1B Fraud By Genesis, Gemini
- Friday, Oct 20 2023
- Written by FinTech News Brief