New York Post
By Thomas Barrabi
Published Oct. 19, 2023, 1:23 p.m. ET
A pair of crypto firms including a struggling exchange owned by the Winklevoss twins allegedly bilked investors out of $1.1 billion as the digital currency market tanked last year, according to a bombshell lawsuit filed Thursday by New York’s attorney general.
The twins’ New York-based crypto exchange Gemini, along with billionaire Barry Silbert’s firm Digital Currency Group and its subsidiary, the now-bankrupt crypto bank Genesis Capital, stand accused of defrauding more than 230,000 customers, including at least 29,000 New Yorkers.