Crypto Lender Genesis Global Settles NY Attorney General's Lawsuit
Fri, Feb 9, 2024 6:18 PM

Crypto Lender Genesis Global Settles NY Attorney General's Lawsuit

A Flip by Abhishek Srivastava
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Crypto lender Genesis Global has settled a lawsuit that the New York Attorney General Letitia James brought against its parent company Digital Currency Group & crypto firm Gemini Trust Co last year. The lawsuit was for allegedly defrauding investors of over $1 billion. By doing so the company has eliminated a major legal burden amidst its bankruptcy proceedings.

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