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Gemini, Genesis, DCG Sued by New York AG for Allegedly Defrauding Investors of $1B

The lawsuit alleges Gemini knew Genesis’ loans were undersecured and, at one point, highly concentrated with Sam Bankman-Fried’s Alameda Research but did not reveal this information to investors.

Barry Silbert. CEO & Founder Digital Currency Group (DCG)
Barry Silbert. CEO & Founder Digital Currency Group (DCG)