July 19, 2024
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.
June 06, 2022
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.