Winklevoss-Founded Gemini Trust Agrees To Pay $50 Million To Settle New York Crypto Fraud Claims

Resolving the claims brought by New York’s Attorney General, crypto exchange Gemini Trust has agreed to pay $50 million. Gemini will now be banned from operating a crypto lending program in New York. Gemini Trust, a cryptocurrency exchange, has consented to a $50 million settlement over fraud allegations. A report on Friday cited by Bloomberg