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Gemini, DCG Sued by NY for Alleged $1.1 Billion Crypto Fraud

(Bloomberg) -- Gemini Trust Co. and Barry Silbert’s Digital Currency Group were sued by New York’s top law-enforcement officer for allegedly defrauding customers of $1.1 billion, escalating legal woes for two companies hit hard by last year’s plunge in cryptocurrency markets.Most Read from BloombergRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearTesla Tempers Growth Expectations as Musk Sees Storm AheadWhere Does Israel Get Its 220,000 Barrels of...
New York United States Tyler Winklevoss Cameron Winklevoss Bloomberg Businessweek Emily Nicolle
Source: yahoo.com

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Customers outraged over Winklevoss twins' secret $282M crypto withdrawal

Customers are outraged at the Winklevoss twins over their secret $282 million withdrawal from their crypto company’s bank before its collapse last year – and the backlash could further tarnish the twins’ carefully crafted image as trustworthy operators in the unruly digital currency industry.
United States Barry Silbert Cameron Winklevoss Sam Bankman Tyler Winklevoss Eric Asquith
Source: nypost.com

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