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Emilia David
Crypto firm Genesis Global Capital to pay $2 billion to fraud victims.

New York Attorney General Leticia James announced the state settled with Genesis, which it sued in October 2023, along with the crypto trading firm Gemini, owned by Cameron and Tyler Winklevoss. Genesis, one of the largest lenders to FTX, filed for bankruptcy in January last year.

James’ office reached a $1.1 billion settlement with Gemini in February.


Attorney General James Secures Settlement Worth $2 Billion from Crypto Firm Genesis Global Capital for Defrauded Victims

[ag.ny.gov]

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