* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, July 16, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Rough times for broadcast networks illustrate changing media landscape – New Haven Register

    Broadcast Networks Confront Turbulent Times in a Rapidly Changing Media Landscape

    Black River Entertainment Adds Traci Hite As Director Of Promotion, Southeast – MusicRow.com

    Black River Entertainment Welcomes Traci Hite as New Director of Southeast Promotion

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Victorville’s new gunfire-detecting technology already making strides, city says – NBC Los Angeles

    Victorville’s New Gunfire-Detecting Technology Is Already Making a Difference, City Officials Say

    Guest columnist: China cutting corners on technology – The State Journal

    China’s Rapid Tech Advances Spark Worries About Cutting Corners

    Sentrycs’ Cyber Over RF technology integrated into Rafael’s combat-proven Drone Dome system – Defence Industry Europe

    Sentrycs’ Cyber Over RF Technology Boosts Rafael’s Battle-Tested Drone Dome System

    Nordic Air Defence raises $3 million to expand operations and advance drone defence technology – Defence Industry Europe

    Nordic Air Defence Lands $3 Million to Transform Drone Defense and Supercharge Operations

    China’s energy dominance in three charts – MIT Technology Review

    How China Is Powering Its Energy Dominance: A Visual Breakdown

    Meta Acquires AI Startup PlayAI to Enhance Voice Technology Capa – GuruFocus

    Meta Acquires AI Startup PlayAI to Revolutionize Voice Technology Capabilities

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Rough times for broadcast networks illustrate changing media landscape – New Haven Register

    Broadcast Networks Confront Turbulent Times in a Rapidly Changing Media Landscape

    Black River Entertainment Adds Traci Hite As Director Of Promotion, Southeast – MusicRow.com

    Black River Entertainment Welcomes Traci Hite as New Director of Southeast Promotion

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Victorville’s new gunfire-detecting technology already making strides, city says – NBC Los Angeles

    Victorville’s New Gunfire-Detecting Technology Is Already Making a Difference, City Officials Say

    Guest columnist: China cutting corners on technology – The State Journal

    China’s Rapid Tech Advances Spark Worries About Cutting Corners

    Sentrycs’ Cyber Over RF technology integrated into Rafael’s combat-proven Drone Dome system – Defence Industry Europe

    Sentrycs’ Cyber Over RF Technology Boosts Rafael’s Battle-Tested Drone Dome System

    Nordic Air Defence raises $3 million to expand operations and advance drone defence technology – Defence Industry Europe

    Nordic Air Defence Lands $3 Million to Transform Drone Defense and Supercharge Operations

    China’s energy dominance in three charts – MIT Technology Review

    How China Is Powering Its Energy Dominance: A Visual Breakdown

    Meta Acquires AI Startup PlayAI to Enhance Voice Technology Capa – GuruFocus

    Meta Acquires AI Startup PlayAI to Revolutionize Voice Technology Capabilities

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

New York hit crypto firms Gemini, Genesis, and DCG with a $1 billion civil fraud suit

October 19, 2023
in Business
New York hit crypto firms Gemini, Genesis, and DCG with a $1 billion civil fraud suit
Share on FacebookShare on Twitter

Twins showing their gear

Gemini founders Cameron Winklevoss and Tyler Winklevoss, their cryptocurrency company is named in the lawsuit brought on by the New York attorney general office. Photo: Steven Ferdman (Getty Images)

In the latest cryptocurrency crackdown, New York attorney general Letitia James said on Thursday (Oct. 19) that her office has sued Gemini Trust, Genesis Global, and Digital Currency Group (DCG) for defrauding some 230,000 investors of more than $1 billion.

Why the future of streaming may not involve Netflix or Disney+ | What’s next for streaming?

The office accused Gemini of lying about an investment program called Gemini Earn, which was run in partnership with Genesis. Investors who loaned their crypto assets were promised up to 8% in interest. Despite the company’s internal reports showing risky financials, Gemini has repeatedly assured investors that investing in the program was a “low-risk investment.”

The New York suit is a follow up on the US Securities and Exchange Commission action against the same companies in January, saying it constituted an unregistered securities offering.

Genesis’s former CEO Soichiro Moro and DCG’s CEO Barry Silbert are also named in the lawsuit which accuses them of attempting to conceal more than $1.1 billion in losses.

“These cryptocurrency companies lied to investors and tried to hide more than a billion dollars in losses, and it was middle-class investors who suffered as a result,” said attorney general James.

The lawsuit comes on the heels of the collapse of cryptocurrency exchange FTX and Alameda Research, its trading firm, where high debt, poor management, and attempts to hide the shortfalls marred the cryptocurrency industry in its attempt to bring the digital assets to wider acceptance.

The attorney general goes further to seek the ban of the three companies from the financial industry in New York.

Gemini Trust Company is a cryptocurrency exchange founded in 2014 by Cameron and Tyler Winklevoss, the twins known for suing Meta’s founder Mark Zuckerberg for stealing their social website, ConnectU, to create Facebook.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Quartz – https://qz.com/new-york-letitia-james-gemini-genesis-dgc-lawsuit-1850941552

Tags: businessCryptofirms
Previous Post

Tigers’ facility in Dominican Republic robbed, continuing string of crimes involving MLB facilities

Next Post

Would you pay for corporate advice from ChatGPT?

Victorville’s new gunfire-detecting technology already making strides, city says – NBC Los Angeles

Victorville’s New Gunfire-Detecting Technology Is Already Making a Difference, City Officials Say

July 16, 2025
Sinclair Continues Expansion of AMP Media Podcast Slate with New Local Sports Podcasts – Sinclair, Inc

Sinclair Continues Expansion of AMP Media Podcast Slate with New Local Sports Podcasts – Sinclair, Inc

July 16, 2025
Birds documenting the Anthropocene: Stratigraphy of plastic in urban bird nests – Hiemstra – 2025 – Ecology – ESA Journals

Birds documenting the Anthropocene: Stratigraphy of plastic in urban bird nests – Hiemstra – 2025 – Ecology – ESA Journals

July 16, 2025
The 100-year journey from quantum science to quantum technology – Phys.org

The 100-year journey from quantum science to quantum technology – Phys.org

July 16, 2025
Ten Cosmic Secrets That Science Cannot Fully Explain – Listverse

10 Mind-Blowing Cosmic Mysteries Science Still Can’t Explain

July 16, 2025
Lifestyle Campers’ ‘Hypercamper’ Touts Butler’s Pantry – RV PRO

Lifestyle Campers Unveils the Ultimate ‘Hypercamper’ Featuring a Luxurious Butler’s Pantry

July 16, 2025
Column | Trump casts a growing shadow on the 2026 World Cup – The Washington Post

How Trump’s Influence Is Looming Over the 2026 World Cup

July 16, 2025
JPMorgan CEO Dimon’s comments highlight steady caution on US economy – Reuters

JPMorgan CEO Dimon Urges Steady Caution Amid Uncertain US Economic Future

July 16, 2025
Rough times for broadcast networks illustrate changing media landscape – New Haven Register

Broadcast Networks Confront Turbulent Times in a Rapidly Changing Media Landscape

July 16, 2025
Anthem member expresses relief after new deal with MU Health Care – KOMU 8

Anthem Member Shares Relief Following New Agreement with MU Health Care

July 16, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (723)
  • Economy (746)
  • Entertainment (21,633)
  • General (15,926)
  • Health (9,784)
  • Lifestyle (754)
  • News (22,149)
  • People (748)
  • Politics (757)
  • Science (15,965)
  • Sports (21,245)
  • Technology (15,730)
  • World (730)

Recent News

Victorville’s new gunfire-detecting technology already making strides, city says – NBC Los Angeles

Victorville’s New Gunfire-Detecting Technology Is Already Making a Difference, City Officials Say

July 16, 2025
Sinclair Continues Expansion of AMP Media Podcast Slate with New Local Sports Podcasts – Sinclair, Inc

Sinclair Continues Expansion of AMP Media Podcast Slate with New Local Sports Podcasts – Sinclair, Inc

July 16, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version