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Strike Gold by Sharing Your TradFi Orders and Pictures!
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Details: https://www.gate.com/announcements/article/47889
Genius Group received a court injunction from New York, suspending financing and coin purchases, and was forced to sell its BTC reserves.
[Genius Group received an injunction from a New York court, suspending financing and coin purchases and being forced to sell BTC reserves] Genius Group, an AI and Bitcoin-oriented education company, announced that it has been ordered by the U.S. District Court for the Southern District of New York to cease financing, selling shares, and using investor funds to purchase Bitcoin. Genius Group has been forced to reduce its Bitcoin reserves from 440 coins to 430 coins to maintain operations and is appealing. The ban stems from a legal dispute related to Fatbrain AI (LZGI). Genius warns that if the ban continues, it will severely threaten its normal operations.