United States of America: Announced AG public lawsuit against cryptocurrency companies Gemini, Genesis and DCG for allegedly defrauding investors
Description
Announced AG public lawsuit against cryptocurrency companies Gemini, Genesis and DCG for allegedly defrauding investors
On 19 October 2023, the New York Attorney General (AG) filed a lawsuit against cryptocurrency companies Gemini, Genesis, and DCG for allegedly defrauding investors. Gemini Trust Company (Gemini), Genesis Global Capital, LLC and its affiliates (Genes…
Scope
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
subnational
Government Branch
executive
Government Body
other regulatory body
Complete timeline of this policy change
Hide details
2023-10-19
under deliberation
2024-02-09
under deliberation
2024-05-20
in force