Bloomberg Top News

Gemini, DCG Sued by NY for Defrauding Customers of $1.1 Billion

Gemini Trust Co. and Barry Silbert’s Digital Currency Group were sued by New York’s top law-enforcement officer for allegedly defrauding customers of $1.1 billion, escalating legal woes for two companies hit hard by last year’s plunge in cryptocurrency markets.

Meta, TikTok Added to EU Probe Over Hamas-Israel Violent Content

ByteDance Ltd.’s TikTok and Meta Platforms Inc. were added to the European Union’s list of tech firms being quizzed about how they are mitigating risks of possible illegal content spreading on their social media platforms amid the Israel-Hamas conflict.