NY Attorney General Secures $2 Billion Settlement With Bankrupt Crypto Lender Genesis. https://longislandbusiness.com/wp-content/uploads/2024/05/shutterstock_2229721899-702x459.jpg
In addition to compensating investors, the settlement also includes a ban on Genesis operating in New York. This is part of Attorney General James' ongoing efforts to increase oversight and regulation in the cryptocurrency industry and protect New York investors. To date, the Attorney General's office has secured more than $2.5 billion from predatory cryptocurrency platforms