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Home » NY AG expands crypto fraud lawsuit linked to Winkelvoss twins to $3 billion – Fox Business

NY AG expands crypto fraud lawsuit linked to Winkelvoss twins to $3 billion – Fox Business

NY AG expands crypto fraud lawsuit linked to Winkelvoss twins to $3 billion – Fox Business

New York Attorney General Letitia James announced Friday that she is expanding her lawsuit against cryptocurrency firms Gemini, Genesis Global Capital and its parent company, Digital Currency Group (DCG), for allegedly defrauding investors, tripling the total fraud claims against the firms to $3 billion.James filed a $1.1 billion lawsuit against the companies in October and says that more victims have come forward since then. The New York AG claims that Gemini, founded by billionaire twins Cameron and Tyler Winklevoss – best known for suing Meta CEO Mark Zuckerberg over Facebook’s early days – “lied to investors” by assuring them their investments were… 

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