New York Attorney General Letitia James says her office has secured a $2 billion settlement from Genesis. AG Letitia James sued the crypto company in October on account of lying and defrauding ...

"This historic settlement is a major step towards ensuring the victims who invested in Genesis have a semblance of justice," New York Attorney General Letitia James said in a statement.

Letitia James, the attorney general for the State of New York, announced that her office had secured a $2 billion settlement with cryptocurrency firm Genesis to compensate defrauded investors.

The New York Department of Financial Services plans to announce later today a settlement with Genesis ... lawsuits from the SEC and New York's attorney general. In a statement shared with Fortune ...

Crypto exchange Gemini has agreed to pay $50 million in settlement with the New York Attorney ... despite knowing that Genesis’ loans “were under-secured.” The AG’s office also discovered ...

Through this program, investors lent their cryptocurrencies, such as Bitcoin, to Genesis ... This settlement is part of a broader regulatory effort by the New York Attorney General’s office ...

Source: New York Attorney General Letitia James In May, James’ office announced a similar settlement with Genesis, requiring the firm to pay $2 billion to defrauded investors over Earn.

On Friday, crypto exchange Gemini was banned by the Office of the Attorney General in New York from crypto lending in a $50 million settlement ... a parent firm of Genesis Global, the firm ...