Genesis settles for $2 billion in New York AG crypto case

New York Attorney General Letitia James has reached a $2 billion settlement with crypto lender Genesis to repay their investors, as reported by CNBC. Genesis, a central figure within the Digital Currency Group (DCG), succumbed to the industry-wide impact following FTX's collapse, leading to a Chapter 11 bankruptcy filing in January 2023. This historic settlement is a major step toward ensuring... source: https://cryptobriefing.com/genesis-2-billion-settlement/