Genius Group, a company listed on the New York Stock Exchange, has filed a lawsuit against LZGI executives seeking $450 million in damages
ChainCatcher news, according to Globenewswire, the NYSE-listed company Genius Group announced that it has filed a lawsuit against LZGI International, Inc (LZGI) and its two executives Peter Ritz and Michael Moe in the Southern District of Florida under the U.S. Racketeer Influenced and Corrupt Organizations Act (RICO), seeking $450 million in damages.
Previous news, the New York District Court has prohibited Genius Group from selling stock to raise funds to purchase Bitcoin.
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