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Posts tagged as “Genesis Global Capital”

Tiger Woods Involved in Rollover Crash in Florida, Investigation Underway

Golf legend Tiger Woods was involved in a rollover vehicle crash on Friday afternoon in Jupiter Island, Florida, with authorities confirming his involvement but not providing details on his condition or the cause. Woods, 50, recently played in a golf match and has a history of serious rollover accidents, including a major crash in 2021 and a 2017 DUI arrest. The recent incident is under investigation, and further information has yet to be released.

New York State Attorney General Files Lawsuit Against Gemini and Genesis Global Capital Alleging $1.1 Billion Fraud Against 230,000 Investors

New York State prosecutors have filed a lawsuit against crypto exchange operator Gemini and DCG's Genesis Global Capital unit, alleging that they defrauded more than 230,000 investors out of a collective $1.1 billion. The lawsuit claims that Gemini and Genesis Global Capital failed to disclose financial risks to those investing in a crypto-lending program and also failed to reveal that nearly 60% of its third-party loans were to Bankman-Fried's crypto trading firm. The Attorney General's Office is seeking restitution and damages for the investors who were allegedly defrauded.

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