Crypto firm genesis global capital to pay 2 billion to fraud victims – Breaking News & Latest Updates 2026
Skip to main content
The homepageThe VergeThe Verge logo.
The homepageThe VergeThe Verge logo.
Posted
E
External Link
Emilia David
Crypto firm Genesis Global Capital to pay $2 billion to fraud victims.

New York Attorney General Leticia James announced the state settled with Genesis, which it sued in October 2023, along with the crypto trading firm Gemini, owned by Cameron and Tyler Winklevoss. Genesis, one of the largest lenders to FTX, filed for bankruptcy in January last year.

James’ office reached a $1.1 billion settlement with Gemini in February.

Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Comments
Loading comments
Getting the conversation ready...

Most Popular

Most Popular
  1. Google invests millions in Mark Zuckerberg’s efforts to create a ‘virtual cell’
  2. How Microsoft built its MacBook Pro competitor
  3. Surface RTX Spark Dev Box is available for preorder for $5,999
  4. Teenage Engineering’s CEO says it’ll stop making synths
  5. New leaks provide our first look at Apple and LG’s smart home devices

More in News

GTA VI will have in-game podcasts and at least six radio stationsGTA VI will have in-game podcasts and at least six radio stations
The Retro Song Bird plays just the music from your favorite Game Boy cartridgesThe Retro Song Bird plays just the music from your favorite Game Boy cartridges
Google is launching a one-stop Gemini agent for your work tasksGoogle is launching a one-stop Gemini agent for your work tasks
Atari is bringing back one of its earliest 8-bit home computersAtari is bringing back one of its earliest 8-bit home computers
Amazon’s new Kids Tablets let parents manage access to the Google Play storeAmazon’s new Kids Tablets let parents manage access to the Google Play store
GTA VI leaks continue with a lengthy (and very nude) gameplay videoGTA VI leaks continue with a lengthy (and very nude) gameplay video

Top Stories