Did Gemini 'defraud' investors?

(Reuters) -New York Attorney General Letitia James on Thursday sued cryptocurrency firms Gemini, Genesis Global and Digital Currency Group for allegedly "defrauding" investors of more than $1 billion. An investigation by the Office of the Attorney General had found Gemini "lied" about an investment program it ran with Genesis, James alleged.

Did Gemini lie about Genesis Investment Program?

An investigation by the Office of the Attorney General had found Gemini "lied" about an investment program it ran with Genesis, James alleged. The companies did not immediately respond to Reuters' requests for comment.

Did Gemini Trust & Barry Silbert fraud a big deal?

Used with permission. The alleged fraud involving Gemini Trust Co. and Barry Silbert’s Digital Currency Group was three times bigger than initially thought, the New York attorney general said in a revised lawsuit that now seeks $3 billion in restitution for more than 230,000 investors.