Gemini to pay $50 million in settlement with NYAG for fraud

Crypto exchange Gemini has agreed to pay $50 million in settlement with the New York Attorney General (NYAG) for misleading close to a quarter million investors. NYAG Letitia James said the crypto exchange defrauded investors including New York citizens in investments tied to its Gemini Earn program when withdrawals stopped in November 2022. Also source: https://www.cryptopolitan.com/gemini-to-pay-50-million-for-fraud/