New York Attorney General Letitia James is settling with crypto lender Genesis for $2 billion to make defrauded investors whole again.

Letitia James, the attorney general for the State of New York, announced that her office had secured a $2 billion settlement with cryptocurrency firm Genesis to compensate defrauded investors. In ...

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Digital Currency Group (DCG) is objecting to the settlement between the New York attorney general and Genesis – the failed crypto lender that was among DCG's array of digital assets businesses.

After a lawsuit filed by the New York Attorney General against crypto lender Genesis in late 2023, the company reached a settlement of $2 billion with the AG on Monday.

The settlement resolved a lawsuit James' office filed in state Supreme Court of Manhattan in October and establishes a victims' fund for Genesis' creditors, with the firm neither admitting nor ...

NY AG Letitia James secured $2B settlement from Genesis Trading for defrauding investors. Largest crypto settlement in NY history, bans Genesis from operating in state.

The settlement also bars Genesis from operating in New York. James filed suit against Genesis in October of 2023, accusing it of hiding more than $1.1 billion in losses from investors.

The New York Department of Financial Services plans to announce later today a settlement with Genesis Global Trading, a subsidiary of the major crypto conglomerate Digital Currency Group.

In 2019, New York State Attorney General Letitia James announced a lawsuit against the Sackler family and Purdue Pharma. Over five years later, a $7.4 billion settlement appears poised for final ...

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Digital Currency Group (DCG) is objecting to the settlement between the New York attorney general and Genesis – the failed crypto lender that was among DCG's array of digital assets businesses.