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Wednesday, 20 March 2024

Crypto Lender Genesis Agrees to $21 Million SEC Fine, Funds to Await Bankruptcy Claim Settlements

by BD Banks

Crypto Lender Genesis Agrees to  Million SEC Fine, Funds to Await Bankruptcy Claim SettlementsGenesis Global Capital has settled with the U.S. Securities and Exchange Commission (SEC) and agreed to pay a $21 million civil penalty. The SEC further disclosed that the regulator will “not receive any portion of the penalty until after payment of all other allowed claims by the bankruptcy court, including claims by retail investors in […]
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