Letitia James has accused Gemini Trust, Genesis Global Capital and Digital Currency Group of misleading investors in a program promising low risk and high returns.
Category: Digital Currency Group Inc
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Why Regulators Plan to Sue Over JetBlue’s Deal for Spirit
Regulators looking to block JetBlue’s $3.8 billion bid to buy Spirit Airways think there’s no other way to address their competition concerns.
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Genesis, a Crypto Lending Firm, Files for Bankruptcy
Genesis was caught in the fallout of the collapse of FTX, the crypto exchange founded by Sam Bankman-Fried.
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Oliver Stone Goes Nuclear at Davos
At the World Economic Forum, the provocative filmmaker received a warm reception for his film promoting nuclear power.
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CoinDesk Broke Big News About FTX. Now the News Is Closer to Home.
The parent company of CoinDesk, one of the first news sites focused on the industry, faces questions about the operations and financial health of some of its subsidiaries.
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The S.E.C.’s Crypto Crackdown Intensifies
The agency has charged the crypto trading firms Genesis Global Capital and Gemini with operating an illegal lending service that lost customers millions.
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SEC Charges Crypto Companies With Offering Unregistered Securities
The S.E.C. charged Genesis Global Capital and Gemini Trust, which is run by Cameron and Tyler Winklevoss, as crypto companies face heightened regulatory scrutiny.
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Tesla Investors Fear for a Tough 2023
A huge sell-off wiped billions of dollars from the electric carmaker’s market capitalization on Tuesday. Analysts see more trouble ahead.
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FTX Victims Face a Tough Road Getting Their Money Back
The bankrupt crypto exchange owes billions to a long line of creditors. Getting their money back could prove difficult, given the unique nature of cryptocurrency assets.