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HomeGenesis Global Trading settles with NYDFS, will forfeit BitLicense and pay $8MUncategorizedGenesis Global Trading settles with NYDFS, will forfeit BitLicense and pay $8M

Genesis Global Trading settles with NYDFS, will forfeit BitLicense and pay $8M

According to the New York regulator, Genesis had compliance failures that violated crypto and cybersecurity regulations, leaving the company “vulnerable to illicit activity.”

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