New York amends Gemini Earn lawsuit to reflect $3 billion in alleged losses

 Gemini Earn promised investors yield on deposits of various cryptocurrencies.

  • To generate that yield, Gemini, a crypto exchange, invested Earn deposits with its program partner, the lender Genesis.
  • The AG alleges that despite marketing the program as a low-risk investment, Gemini had known that Genesis’ financials showed significant risks.

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