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

- Link: https://www.widthness.com/cryptocurrency-firms-gemini-dcg-genesis-sued-in-us-for-alleged-1-billion-fraud/
- Published: 2023-10-28T09:00:08-05:00
- Author: Curated by John Wysocki

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 […] Click here to view original web page at www.gadgets360.com Related articles: Crypto Lender Genesis Prepares to Liquidate Without Deal With Parent Company – The Wall Street Journal Genesis says NY AG lawsuit may force “no deal” bankruptcy liquidation – Reuters Gemini, Genesis and DCG hit with civil fraud suit in continuing crypto saga – Axios