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NY attorney general expands crypto lawsuit, sees $3 billion fraud

NEW YORK (Reuters) -New York Attorney General Letitia James on Friday expanded her lawsuit against Digital Currency Group and other cryptocurrency defendants, tripling the size of their alleged fraud scheme to more than $3 billion. James had in October sued DCG, its Genesis Global Capital unit, and Gemini Trust, the exchange run by twin brothers Cameron and Tyler Winklevoss. She claimed they caused more than $1 billion of losses by misleading investors about the Gemini Earn program, which let cu
New York United States Jonathan Stempel Tyler Winklevoss David Gregorio Mark Porter
Source: aol.com

NY attorney general expands crypto lawsuit, sees $3 billion fraud

NEW YORK (Reuters) -New York Attorney General Letitia James on Friday expanded her lawsuit against Digital Currency Group and other cryptocurrency defendants, tripling the size of their alleged fraud scheme to more than $3 billion. James had in October sued DCG, its Genesis Global Capital unit, and Gemini Trust, the exchange run by twin brothers Cameron and Tyler Winklevoss. She claimed they caused more than $1 billion of losses by misleading investors about the Gemini Earn program, which let cu
New York United States Sam Bankman David Gregorio Mark Porter Soichiro Moro
Source: aol.com

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S&P 500 Q4 2023 earnings growth now seen at 9% year over year -LSEG

With results in from about two-thirds of companies, fourth-quarter 2023 S&P 500 earnings growth is now seen at 9.0%, almost double a Jan. 1 forecast for 4.7% growth, according to LSEG data on Friday. "A lot of the surprises were in the earnings," rather than in revenues, said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York. So far for the fourth quarter of 2023, 63.6% of reports are beating analyst revenue expectations, compared with an average of ...
New York United States David Ljunggren Ingalls Snyder Mark Porter Caroline Valetkevitch
Source: yahoo.com

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