Gemini Crypto Sued Over Post-IPO Strategy Shift and Stock Decline

Gemini Crypto is getting sued.Shareholders filed a class-action in Manhattan federal court claiming the exchange lied to investors during its September IPO. The target is the company itself and the Winklevoss twins. The allegation is that Gemini raised capital on a growth story, then quietly ditched it for prediction markets and cost-cutting the moment the money was in.The stock tells the rest of the story. From a po…