The New York prosecutor announced that the amount involved in the DCG civil fraud case has expanded to $3 billion

2024-02-10 09:43:15

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ChainCatcher news, according to CoinDesk, New York Attorney General Letitia James has expanded the scope of the civil fraud case against DCG, holding DCG responsible for $3 billion in investor losses related to the Gemini Earn product and Genesis direct investments.

The New York Attorney General stated that the number of affected investors has reached 230,000, with total losses amounting to $3 billion, prompting the New York Supreme Court to broaden the scope of the lawsuit.

In response, a DCG spokesperson stated that the Attorney General has made "baseless complaints" in an attempt to gain more media attention. DCG will actively respond to these allegations and will win the lawsuit. DCG has always conducted its business legally and with integrity.

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