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 ...

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

The Genesis settlement marked the latest in a series of lawsuits brought by the New York AG against crypto firms with operations in the state.

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 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 ...

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.

Key Takeaways Cryptocurrency companies Gemini, Genesis, and DCG are being sued by New York Attorney General Letitia James for defrauding customers.Crypto exchange Gemini is accused of lying to ...

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.

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.

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 ...

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.

New York Reaches $2B Settlement with Bankrupt Crypto Lender Genesis The settlement resolved a lawsuit James' office filed in state Supreme Court of Manhattan in October and establishes a victims ...