Crypto exchange Gemini is currently facing a class-action lawsuit. The legal action stems from allegations of an "abrupt corporate pivot to a prediction-market-centric business model" following the company's Initial Public Offering (IPO). This strategic shift is cited in the complaint as a key issue, potentially contributing to a declining stock price, according to reports. The lawsuit targets the company's post-IPO business decisions and their alleged impact.

Crypto exchange Gemini is currently facing a class-action lawsuit. The legal action stems from allegations of an "abrupt corporate pivot to a prediction-market-centric business model" following the company's Initial Public Offering (IPO). This strategic shift is cited in the complaint as a key issue, potentially contributing to a declining stock price, according to reports. The lawsuit targets the company's post-IPO business decisions and their alleged impact.