Filed documents shake up New York attorney general's lawsuit against Genesis and Gemini

THE NYAG reached A regulation with Genesis Holdco In A Feb. 8 deposit And appointed he In A amended complaint on Feb. 9.

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On Feb. 8, THE New York State Desk of THE Lawyer General (NYAG) ruler with Genesis Global Holdco In A propose movement In It is case surrounding THE Gemini Earn program. However, THE following day, THE NYAG deposit A new, extended complaint In THE case, appellation Genesis Global Holdco And all It is co-defendants.

THE Genesis holding business deposit A movement For THE New York From South District Bankruptcy Court has approve A regulation agreement between he And THE NYAG on Feb. 8. THE regulation East THE "product of extensive negotiation," THE deposit said.

THE Genesis regulation stipulated that THE NYAG would be receive payment on It is complaints on equal foot with THE United States Securities And Exchange Commission, And only After Payments has creditors. Genesis ruler with THE SECOND For $21 million on Jan. 31. THE court will consider both colonies on Feb. 14.

THE propose Genesis Global Holdco regulation with THE NYAG. Source: Pacer

In October, New York Lawyer General Letitia James deposit suit against Genesis Holdco, Genesis Global Capital, Genesis Asia Peaceful, their parent business Digital Currency Band (DCG), cryptocurrency exchange Gemini, ancient Genesis CEO Michael (Soichiro) Moro And DCG CEO Barry Money For fraud In connection with THE Gemini Earn program. THE NYAG accused THE evenings of defraud more that 230,000 Investors, including 29,000 New the Yorkers, of more that $1 billion, among other fresh.

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