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More than 230,000 investors were lied to over safety of cryptocurrency investments, says lawsuit
Gemini exchange founders in New York court action allege group engaged in ‘fraudulent scheme’
Major lender was able to invest at a discounted rate before tokens were issued to public
Lawsuit deals a further blow to investment company and its owner Digital Currency Group
Digital assets conglomerate sells down holdings in prized investments at a discount to pay creditors
Savers who sought high returns via schemes run by Genesis and Gemini can no longer withdraw funds
Company is latest casualty of fallout from implosion of Sam Bankman-Fried’s FTX
US regulator says Gemini Earn was not properly registered as a securities offering
Barry Silbert’s conglomerate weighs offloading venture assets to help wholly owned digital asset lender
Barry Silbert writes to shareholders as Gemini exchange’s Cameron Winklevoss seeks his removal
Crypto kicks off 2023 with a bang
Plus, Todd Boehly’s crypto dilemma and Japan’s ‘widow maker’ trade has some survivors
Digital Currency Group would be on the hook for outstanding loan if crypto lender goes bankrupt, say insiders
New York-based Gemini is trying to recover funds after FTX failure plunged market into turmoil
Plus updates on crypto’s role in Ukraine
Dealings reflect complex links at Barry Silbert’s group, which includes struggling Genesis
Digital Currency Group chief writes to shareholders amid fears for broker Genesis amid FTX fallout
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