Lawsuit Targets Crypto Exchange Gemini, Accusing it of Defrauding Investors
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Lawsuit Targets Crypto Exchange Gemini, Accusing it of Defrauding Investors

Legal Battle Involving Gemini, DCG, and Genesis Capital Unfolds

Lawsuit Targets Crypto Exchange Gemini, Accusing it of Defrauding Investors

 

The focus on Gemini and the Winklevoss twins centers on allegations that the digital asset platform failed to adequately disclose the financial status of Genesis before forming an investment platform called Gemini Earn in 2021. The lawsuit contends that Gemini endorsed Genesis as a “trusted company,” despite having internal risk assessments indicating otherwise.