November 8, 2024

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NY Attorney General Secures $2 Billion Settlement With Bankrupt Crypto Lender Genesis

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NY Attorney General Secures  Billion Settlement With Bankrupt Crypto Lender Genesis
NY Attorney General Secures  Billion Settlement With Bankrupt Crypto Lender GenesisNew York Attorney General Letitia James has secured a $2 billion settlement with bankrupt cryptocurrency firms Genesis Global Capital, Genesis Asia Pacific, and Genesis Global Holdco. The settlement, which requires bankruptcy court approval, will establish a victims’ fund to compensate over 29,000 New Yorkers who invested more than $1.1 billion through the Gemini Earn program. […]