Digital Currency Group, Gemini, Genesis

New York Attorney General Letitia James has escalated her legal battle against major digital asset firms, including Digital Currency Group (DCG), Genesis, and Gemini. The lawsuit, which initially sought $1 billion in restitution for alleged investor fraud, has now surged to a staggering $3 billion, as more victims come forward.

James said in Friday’s statement:

“After months of false promises, we pulled the curtain back and revealed that DCG was lying to investors and defrauding them out of billions, the fraud and deceit were so expansive that many additional people have come forward to report similar harm. This illegal cryptocurrency scheme, and the horrific financial losses that real…

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