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IRA Financial Trust v. Gemini Trust Company, LLC
Case Number:
1:22-cv-04672
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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.
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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.