Gemini, Genesis, DCG Sued by New York Attorney General for Allegedly Defrauding Investors

New York Attorney General Letitia James today filed a lawsuit against cryptocurrency companies the Gemini Trust Company (Gemini), trading firm Genesis Global Capital, and crypto conglomerate Digital Currency Group (DCG) for allegedly defrauding more than 230,000 investors, including at least 29,000 New Yorkers, of more than $1 billion.