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State regulators secure full refunds for investors in $1 billion settlement with GSB Group via @pelimatos https://t.co/lvYPPnsAeT
$1B Crypto Scheme Hits the Fan: GSB Group Forced to Refund Investors Regulators just pulled a power move, locking in a $1B settlement with GSB Group to pay back investors rugged on tokenized real estate and metaverse plays. Five states are stepping up, guaranteeing 100% refunds… https://t.co/o4M61dRuJq
GSB Group Rugged Hard: $1B Crypto Wreck Gets Refunds Five states just went full degen hunter mode, dragging GSB Group into a $1B settlement to pay back investors who got rugged on tokenized skyscrapers and metaverse fantasies. Texas, Georgia, and the crew are getting that bag… https://t.co/GycfVbOplF
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.