Genius Group to Share Lawsuit Gains With Investors, Buy Bitcoin

, By Cointelegraph
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Artificial intelligence-driven edtech firm Genius Group plans to distribute potential winnings from billion-dollar lawsuits to shareholders and use a portion to expand its Bitcoin treasury, the company said.

In a Thursday press release, the board of directors at Genius Group data-ct-non-breakable=”null” href=”https://www.globenewswire.com/news-release/2025/06/26/3106001/0/en/Genius-Group-Board-approves-shareholder-dividend-Bitcoin-purchase-from-proceeds-of-future-legal-wins.html” rel=”noopener nofollow” target=”_blank” title=”null”>approved the distribution plan for repurposing any wins from two lawsuits that seek combined damages of more than $1 billion.

One lawsuit has been filed under the Racketeer Influenced and Corrupt Organizations Act (RICO), which seeks damages of over $750 million against LZGI…



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Genius Group to Share Lawsuit Gains With Investors, Buy Bitcoin

, Published By Cointelegraph
Blockchain


Artificial intelligence-driven edtech firm Genius Group plans to distribute potential winnings from billion-dollar lawsuits to shareholders and use a portion to expand its Bitcoin treasury, the company said.

In a Thursday press release, the board of directors at Genius Group data-ct-non-breakable=”null” href=”https://www.globenewswire.com/news-release/2025/06/26/3106001/0/en/Genius-Group-Board-approves-shareholder-dividend-Bitcoin-purchase-from-proceeds-of-future-legal-wins.html” rel=”noopener nofollow” target=”_blank” title=”null”>approved the distribution plan for repurposing any wins from two lawsuits that seek combined damages of more than $1 billion.

One lawsuit has been filed under the Racketeer Influenced and Corrupt Organizations Act (RICO), which seeks damages of over $750 million against LZGI…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Unlocking Opportunities: Your Guide to Business Setup in Dubai
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DoT Proposes New Cybersecurity Rules To Curb Mobile Number Fraud
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