In a lawsuit filed in Manhattan on Thursday, New York state prosecutors have accused prominent crypto firms Digital Currency Group (DCG) and Gemini of orchestrating a massive fraud, which allegedly defrauded over 230,000 investors of a collective $1.1 billion. The lawsuit points to a series of missteps, including the failure to effectively manage the risk … Continue reading New York Prosecutors Unveil $1.1 Billion Crypto Fraud Lawsuit Against Digital Currency Group and Gemini