NY Attorney General Secures $2B Settlement Against Genesis Trading, Marking Largest in State’s Crypto History
New York Attorney General Letitia James made a significant announcement on Monday, revealing a groundbreaking settlement that marks a pivotal moment in the cryptocurrency world. The settlement, totaling $2 billion,
New York Attorney General Secures $2B Settlement With Genesis
New York Attorney General secured a $2 billion settlement with Genesis Global Capital and related entities to compensate investors.
New York Attorney General reaches $2 billion settlement with Genesis after claims of fraud
In an X post on Monday, New York Attorney General Letitia James announced that her office has secured a $2 billion settlement with bankrupt cryptocurrency firm Genesis Global. The settlement was made to compensate investors who she claimed were lied to and defrauded by the company.
$2B New York settlement to maximize recoveries for bankrupt crypto firm investors
New York State has secured a $2 billion settlement with a bankrupt cryptocurrency firm, which will help "maximize recoveries for investors," New York Attorney General Letitia James' office confirmed Monday.
Crypto lender Genesis settles with New York AG to repay defrauded investors
Genesis, a failed cryptocurrency lender, has won court approval for its bankruptcy liquidation plan to return $2B in cash and crypto to defrauded customers.
Genesis settles for $2 billion in New York AG crypto case
NY Attorney General Letitia James secures a $2 billion settlement with Genesis to repay investors and establish a Victims’ Fund.
Genesis to pay $2 billion to victims of alleged cryptocurrency fraud
Bankrupt cryptocurrency lender Genesis will repay $2 billion to hundreds of thousands of investors across the U.S. who were defrauded by the company, New York prosecutors said Monday. Pending approval by a bankruptcy court,
New York reaches $2bn settlement with crypto lender Genesis over fraud allegations
New York’s attorney general has secured a $2bn settlement with the bankrupt cryptocurrency lender Genesis Global over allegations it had defrauded thousands of investors. Genesis, which filed for Chapter 11 bankruptcy in the US in January 2023,
New York AG announces $2 billion settlement with crypto lender Genesis
New York Attorney General Letitia James is settling with crypto lender Genesis for $2 billion, in an effort to make defrauded investors whole again.
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