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The crypto companies are already facing legal issues from regulators and now attorneys are joining.
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Gemini, Genesis, and DCG are going to be in trouble after the recently filed lawsuit.
Gemini, Genesis, and Digital Currency Group (DCG) are likely to get into trouble after a recently filed lawsuit. New York Attorney General Letitia James has launched legal action against the three prominent cryptocurrencies filed on Thursday. It alleged that these companies employed deceptive practices, resulting in substantial losses exceeding $1 Billion for more than 230,000 investors.
The legal action, spearheaded by Attorney General Letitia James, focuses notably on Gemini, the cryptocurrency exchange owned by the Winklevoss twins, Cameron and Tyler.
The lawsuit zooms in on Gemini’s Earn program, marketed as a high-yield investment opportunity where customers could invest through Genesis Global Capital, a subsidiary of DCG. Attorney General Letitia James c
We współpracy z: https://www.thecoinrepublic.com/2023/10/20/gemini-genesis-and-dcg-to-face-1b-lawsuit-from-ny-attorney/
