New York authorities accused Digital Currency Group of $3 billion fraud

10.02.2024
10.02.2024

New York Attorney General Letitia James expanded the state's lawsuit against Digital Currency Group (DCG) and accused the company of $3 billion in fraud.

Previously, the amount of fraud was $1 billion.

The lawsuit involves the Gemini Earn program and DCG subsidiary Genesis.

In turn, Genesis reached a settlement agreement with prosecutors.

DCG is also the parent company of Grayscale.

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