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02
Feb
Feb
Genesis Settles $21m SEC Suit Without Admitting Wrongdoing
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buildingewealth / 2 years
- 3 min read
Source: Adobe Stock Genesis has settled their case with the SEC after being accused of offering unregistered securities. The settlement avoids a potentially costly court battle, as Genesis aims to prioritise customer repayments. The USD $21M fine will be suspended until all creditors are repaid. Genesis maintains that they did not do anything wrong, however
