On March 18, Gemini faced a securities class-action lawsuit filed by investors in the U.S. District Court for the Southern District of New York. The complaint alleges that Gemini exaggerated its core crypto trading business and international expansion prospects during its IPO and subsequent disclosures, while failing to adequately disclose potential restructuring risks. The company later shifted to prediction markets, laid off 25% of its workforce, exited the UK, EU, and Australian markets, and revealed multiple executive departures, leading to consecutive stock price declines. The plaintiffs claim that Gemini and several executives violated U.S. securities laws and are seeking compensation for losses incurred by IPO investors and those who purchased the company’s securities between September 12, 2025, and February 17, 2026. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=58395