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Coin Edition 2024-06-15 11:56:34

New York’s AG Takes on Crypto: Gemini’s $50 Million Lesson

New York Attorney General Letitia James has secured a $50 million settlement from Gemini Trust Company, LLC (Gemini) to compensate over 230,000 investors, including 29,000 New Yorkers, who were allegedly misled by Gemini’s Earn program. The program, promising secure returns, failed to disclose significant financial risks associated with partner firm Genesis. Gemini’s Earn program lured The post New York’s AG Takes on Crypto: Gemini’s $50 Million Lesson appeared first on Coin Edition .

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