New York vs DCG/Genesis and Gemini: Kids, kids, you’re both ugly (Patreon)

The New York Attorney General is suing crypto investment fund  Genesis, its parent company Digital Currency Group (DCG), and the Gemini  crypto exchange for defrauding customers of Gemini Earn.

New York is asking the court to stop all three companies’ business in  “securities or commodities” in the state. That’s all but a death  sentence — bitcoin is a commodity in the US. The newspapers don’t seem  to have noticed that bit.

If you like a deep dive into a long filing, this is worth a read.

This time, we’re over at Amy’s.

update: this would be more useful with the link to the article! https://amycastor.com/2023/10/30/new-york-vs-dcg-genesis-and-gemini-kids-kids-youre-both-ugly/