Gemini, Genesis, DCG Sued by New York Attorney General for Allegedly Defrauding Investors

The lawsuit alleges that Gemini knew Genesis’ loans were undersecured and at one point highly concentrated with one entity, Sam Bankman-Fried’s Alameda, but did not reveal this information to investors.

Source: https://www.coindesk.com/policy/2023/10/19/gemini-genesis-and-dcg-sued-by-new-york-attorney-for-defrauding-investors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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