NY Attorney General Secures $2 Billion Settlement With Bankrupt Crypto Lender Genesis
New York Attorney General Letitia James has secured a $2 billion settlement with bankrupt cryptocurrency firms Genesis Global Capital, Genesis Asia Pacific, and Genesis Global Holdco. The settlement, which requires bankruptcy court approval, will establish a victims’ fund to compensate over 29,000 New Yorkers who invested more than $1.1 billion through the Gemini Earn program. […] Powered by...
WOW Asks Court to Throw Out Filmmakers’ Expanded Piracy Liability Lawsuit
In 2021, Colorado-based Internet provider WOW was sued by a group of movie companies, including Millennium Media and Voltage Pictures. The filmmakers accused the ISP of failing to terminate the accounts of subscribers who were repeatedly flagged for sharing copyrighted material. These type of lawsuits have resulted in multi-million dollar judgments against Cox and Grande; a fate WOW hopes to avoid. The ISP challenged the claims and...
