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What will be the primary type of asset involved in future GSB Group and GS Partners settlements by June 30, 2025?
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Tokenized real estate • 25%
Metaverse investments • 25%
Cryptocurrencies • 25%
Other digital assets • 25%
Official announcements from GSB Group, GS Partners, or state regulators
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GSB Group and GS Partners Settle $1 Billion with Six States to Refund Investors
Sep 9, 2024, 09:06 PM
GSB Group and GS Partners have reached a $1 billion settlement with six state regulators, including Texas and Georgia, to refund investors who were affected by their allegedly illegal crypto investment schemes. The settlement guarantees that US and Canadian investors will receive 100% of their funds back. The schemes involved partial ownership in tokenized real estate, including skyscrapers and metaverse investments. The states announced the settlement on Monday, ensuring full compensation for the investors.
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