{"id":11905,"date":"2023-10-19T13:38:01","date_gmt":"2023-10-19T11:38:01","guid":{"rendered":"https:\/\/costops.com\/index.php\/2023\/10\/19\/cryptocurrency-firms-sued-over-1bn-investor-fraud-by-new-york-state\/"},"modified":"2023-10-19T13:38:01","modified_gmt":"2023-10-19T11:38:01","slug":"cryptocurrency-firms-sued-over-1bn-investor-fraud-by-new-york-state","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/10\/19\/cryptocurrency-firms-sued-over-1bn-investor-fraud-by-new-york-state\/","title":{"rendered":"Cryptocurrency firms sued over \u2018$1bn investor fraud\u2019 by New York state"},"content":{"rendered":"<p>Attorney general Letitia James brings lawsuit against Genesis Global \u2013 and parent DCG \u2013 and Gemini<\/p>\n<p>The New York attorney general, Letitia James, on Thursday sued the cryptocurrency firms Genesis Global, and its parent company Digital Currency Group (DCG), and Gemini for allegedly \u201cdefrauding\u201d investors of more than $1bn.<\/p>\n<p>At the heart of the lawsuit is a program Gemini ran in partnership with Genesis. Dubbed \u201cGemini Earn\u201d, the program let customers lend crypto assets such as bitcoin to Genesis.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/oct\/19\/cryptocurrency-firms-fraud-new-york-lawsuit\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/f38cf96638486c8492ef78e1c6aa8b26e2ada3fd\/0_131_3936_2362\/master\/3936.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=a29dc1a86cae8111dbf028f293498ce6\" title=\"Cryptocurrency firms sued over \u2018$1bn investor fraud\u2019 by New York state\" \/>Attorney general Letitia James brings lawsuit against Genesis Global \u2013 and parent DCG \u2013 and Gemini<br \/>\nThe New York attorney general, Letitia James, on Thursday sued the cryptocurrency firms Genesis Global, and its parent company Digital Currency Group (DCG), and Gemini for allegedly \u201cdefrauding\u201d investors of more than $1bn.<br \/>\nAt the heart of the lawsuit is a program Gemini ran in partnership with Genesis. Dubbed \u201cGemini Earn\u201d, the program let customers lend crypto assets such as bitcoin to Genesis. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Attorney general Letitia James brings lawsuit against Genesis Global \u2013 and parent DCG \u2013 and Gemini The New York attorney general, Letitia James, on Thursday sued the cryptocurrency firms Genesis Global, and its parent company Digital Currency Group (DCG), and Gemini for allegedly \u201cdefrauding\u201d investors of more than $1bn. At the heart of the lawsuit &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/10\/19\/cryptocurrency-firms-sued-over-1bn-investor-fraud-by-new-york-state\/\"> <span class=\"screen-reader-text\">Cryptocurrency firms sued over \u2018$1bn investor fraud\u2019 by New York state<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":11906,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/11905"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=11905"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/11905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/11906"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=11905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=11905"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=11905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}