New York attorney general expands crypto lawsuit tied to Winklevoss twins
Letitia James triples size of alleged fraud scheme by Digital Currency Group and other crypto defendants to over $3bn
Stay updated with breaking news from Barry Silbert. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Letitia James triples size of alleged fraud scheme by Digital Currency Group and other crypto defendants to over $3bn
New York Attorney General Letitia James is now seeking $3 billion – triple the amount initially suggested – in restitution from Gemini Trust and Digital…
New York Attorney General Letitia James expanded her lawsuit against crypto firms including Gemini, owned by twins Cameron and Tyler Winklevoss, to $3 billion.
The amended complaint expands an October suit James filed against Digital Currency Group, its Genesis Global Capital unit, and Gemini Trust, the exchange run by the Winklevoss twins.
(Bloomberg) -- 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.Most Read from BloombergGermany’s Days as an Industrial Superpower Are Coming to an EndTop Nigerian Banker Killed in California Helicopter CrashNATO Joins White House in Rejecting Trump’s Remarks on AllianceTesla’s Slide