Tennessee reaches a multi-million dollar settlement with GS Partners

2024-10-17 19:36:22

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ChainCatcher news, according to Bitcoin.com News, Tennessee has reached a multi-million dollar settlement with GS Partners regarding misleading digital asset and metaverse investments. Affected investors can submit claims within 90 days starting in November, with expectations to refund all deposited funds or cryptocurrencies.

The settlement also includes other entities under the GSB Group, with related investment products involving G999 tokens, XLT certificates, and staking pools in the Lydian World metaverse. States that have reached settlements with the GSB Group also include Alabama, Arizona, Arkansas, Georgia, Texas, and Washington.

It is reported that GS Partners includes two companies: GSB Gold Standard Corporation AG, which is a joint-stock company, and GSB Gold Standard Bank LTD, which is a limited banking company.

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