New York sues crypto firms for alleged $1 billion fraud, cites SBF hedge fund bet
Crypto firms DCG and Gemini allegedly defrauded investors out of a collective $1.1 billion, New York prosecutors alleged.
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Crypto firms DCG and Gemini allegedly defrauded investors out of a collective $1.1 billion, New York prosecutors alleged.
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.
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Cameron and Tyler Winklevoss withdrew their customers' money from crypto bank Genesis three months before it froze up to $900 million in customer assets.
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