IRA Financial Trust v. Gemini Trust Company, LLC

  1. July 19, 2024

    Gemini, IRA Biz Settle Fraud Case Over $36M Crypto Hack

    Cryptocurrency exchange Gemini Trust has struck a settlement deal in a suit alleging it cost customers of self-directed retirement and pension account provider IRA Financial Trust $36 million in crypto-assets in a cyberattack after misrepresenting its security capabilities, according to a filing in New York federal court.

  2. June 06, 2022

    IRA Biz Blames Winklevoss-Run Gemini In $36M Crypto Theft

    Self-directed retirement and pension account provider IRA Financial Trust sued the popular cryptocurrency exchange Gemini Trust in New York federal court Monday over a February cyberattack that resulted in at least $36 million worth of crypto assets being stolen from IRA customers' individual retirement accounts.