See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Gemini to Pay $50 Million to Settle New York Crypto Fraud Claims

Posted on AllSides June 14th, 2024
From The Left

Crypto exchange Gemini Trust Co. agreed to pay $50 million to resolve claims brought by New York’s Attorney General accusing the company of defrauding investors.

Attorney General Letitia James sued Gemini in October, accusing the platform of lying to more than 230,000 investors about the risks associated with its investment program, Gemini Earn.

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://bloomberg.com/news/articles/2024-06-14/gemini-to-pay-50-million-to-settle-new-york-crypto-fraud-claims

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right