Cryptocurrency Firms Gemini, DCG, Genesis Sued in US for Alleged $1 Billion Fraud

Photo credit: Art Rachen via Unsplash. Reporting by Niket Nishant in Bengaluru; Editing by Krishna Chandra Eluri, Shinjini Ganguli and Shounak Dasgupta. Gadgets 360 – updated October 20, 2023. Source: Reuters.

New York Attorney General Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG) and Gemini for allegedly “defrauding” investors of more than $1 billion (roughly Rs. 8,317 crore). The development […]

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