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Which state will first announce completion of the refund process by end of 2024?
2
Resolution / Starting Odds
Texas • 25%
Georgia • 25%
Other state from the six involved • 25%
None by end of 2024 • 25%
Official announcements from state regulators or GSB Group and GS Partners
Story
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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