Gemini Space Station and its billionaire founders Cameron and Tyler Winklevoss were sued by shareholders who said they were defrauded about the cryptocurrency exchange’s business prospects, and suffered losses as a strategy shift, mounting losses, job cuts and executive departures caused the stock price to fall.
In a proposed class action complaint filed on Wednesday night in Manhattan federal court, shareholders said Gemini made false and misleading statements in marketing documents for its September 11, 2025 initial public offering by overstating the v… [1253 chars]
Source: Reuters | Published: 2026-03-19T14:21:29Z
Credit: Reuters
