Gemini, Genesis, DCG Sued by New York AG for Allegedly Defrauding Investors of $1B
source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
2023. Oct. 19. 11:17
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.
