Genesis Agrees to $2Bn Settlement in ‘Gemini Earn Program’ Fraud Case

According to the AG, Genesis’ Gemini Earn Program was a scheme that the firm used to deceive investors, who ultimately sent over $1.1 billion to the platform.
Bankrupt Crypto Lender Genesis Acquires $2.1Bn Worth of BTC, Here’s Why

Genesis had earlier requested permission to sell its GBTC shares from the U.S. bankruptcy court on February 2.