New York Attorney General accuses Gemini, Genesis, and DCG of defrauding investors of more than $1 billion

Odaily News New York Attorney General Letitia James sued Gemini, crypto lending company Genesis and its parent company Digital Currency Group (DCG). The indictment stated that the relevant companies defrauded more than 230,000 investors, including at least 29,000 New Yorkers, involving more than $1 billion, and attempted to conceal losses of more than $1 billion. (Fortune)