Genesis: Bankruptcy Court Approves Genesis Settlement With NY Attorney General

Cryptocurrency firm Genesis has been banned from operating in New York and will pay a settlement worth $2 billion, the Office of the New York State Attorney General (NYAG) said in a Monday (May 20) press release. This settlement includes the bankrupt firms Genesis Global Capital, Genesis Asia Pacific and Genesis Global Holdco, according to the release. "This historic settlement is a major step toward ensuring [...] The post Bankruptcy Court Approves Genesis Settlement With NY Attorney General appeared first on PYMNTS.com.