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NEW YORK (Reuters) -New York Attorney General Letitia James has recovered $50 million from the cryptocurrency platform Gemini Trust to repay investors defrauded in its Gemini Earn program, she ...
Founded in 2015, Gemini received a key trust charter from DFS the same year, allowing it to operate as a regulated crypto business under the state's first-of-its-kind oversight regime.
Gemini Trust Company, LLC (Gemini) is an American cryptocurrency exchange and custodian bank.It was founded in 2014 by Cameron and Tyler Winklevoss. [4] [5] [6]In 2023, the company, along with two others, was sued by the New York attorney general Letitia James under allegations that it had "defrauded" investors by exposing them to undue risk.
NY Attorney General sues crypto firms Gemini, DCG, Genesis for 'fraud' October 19, 2023 at 9:39 AM ... CBS News. Two teen girls started selling baked goods during the pandemic. Now, 'Little Sistas ...
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In fact, nearly 33 percent of respondents said they had fallen victim to a crypto scam, according to a 2021 survey by CryptoVantage, a crypto news source. So those looking to trade digital ...
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NEW YORK (Reuters) -Bankrupt crypto lender Genesis and crypto exchange Gemini have returned over $2 billion in crypto to 232,000 retail customers in their jointly managed Gemini Earn program ...