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Genesis Global Trading Pays $8M to Settle New York Lawsuit

The crypto lender also agreed to cease its business activities in New York and forfeit its BitLicense to settle anti-money laundering and fraud charges against it.

NYDFS Superintendent Adrienne Harris (Stephen Lovekin/Shutterstock/CoinDesk)
NYDFS Superintendent Adrienne Harris (Stephen Lovekin/Shutterstock/CoinDesk)