News with the tag "New York Attorney General"

New York Attorney General Letitia James recently froze $2.2 million worth of crypto allegedly plundered in an employment scam. James says in a new press release that scammers targeted New Yorkers and other victims across the nation looking for remote work and sent texts falsely promising lucrative a...

New York Attorney General Letitia James is settling with crypto exchange Gemini over fraud allegations for $50 million. In a new press release, James says she’s recovered $50 million worth of digital assets on behalf of 230,000 investors allegedly defrauded through Gemini’s Earn program, which had t...

New York Attorney General Letitia James has secured a $50 million settlement from cryptocurrency exchange Gemini for Earn program investors. This settlement ensures that all defrauded investors will fully recover the assets they invested but were unable to withdraw when the program collapsed. Additi...

New York AG Letitia James has sued crypto firms NovaTechFx and AWS Mining for allegedly defrauding over 11,000 individuals out of more than $1 billion in a pyramid scheme. New York Attorney General (NYAG) Letitia James filed a lawsuit on…

New York Attorney General (NYAG) Letitia James is issuing a warning to crypto companies, saying that she will pursue those who act in violation of the law. In a post on the social media platform X, James says her sights are locked on erring digital asset firms. “Crypto companies must play by the sam...

As the US government seemingly starts to loosen its grip on the crypto industry, New York Attorney General Letitia James has issued a new warning to the sector. James, who recently announced the NYAG office’s $2 billion settlement with Genesis, reinforced her stance on crypto companies this weekend....

NYAG says the settlement will establish a fund for New Yorkers who invested more than $1.1 billion in Genesis through the Gemini Earn program and blocks Genesis from operating in the state.

Digital Currency Group (DCG) is objecting to the settlement between the New York attorney general and Genesis – the failed crypto lender that was among DCG's array of digital assets businesses.

Digital Currency Group (DCG) is objecting to the settlement between the New York attorney general and Genesis – the failed crypto lender that was among DCG's array of digital assets businesses.

New York Attorney General Letitia James has amplified its fraud case against Digital Currency Group (DCG), now saying the company is responsible for $3 billion in investor losses tied to the Gemini Earn product and to direct investments with Genesis, according to a new court filing.