Genesis Gets OK For $21M Deal To End SEC Crypto Loan Suit

By Henrik Nilsson · March 18, 2024, 9:01 PM EDT

A New York federal judge on Monday approved a $21 million settlement to resolve allegations that bankrupt crypto lender Genesis Global Capital LLC violated the U.S. Securities and Exchange Commission's regulations...

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Case Information

Case Title

Securities and Exchange Commission v. Genesis Global Capital, LLC et al

Case Number

1:23-cv-00287

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

January 12, 2023


Case Title

Genesis Global Holdco, LLC

Case Number

1:23-bk-10063

Court

New York Southern

Nature of Suit

Date Filed

January 19, 2023