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GS Partners, a European-based entity involved in multiple cryptocurrency investment schemes, has agreed to refund all funds to investors in a settlement with five U.S. states.
“This is really a North American settlement. We don’t often have the opportunity to get pure financial relief on a broad scale. This is rare.”managing “Our goal is to identify all of the clients and make sure they know about this process,” Rotunda added. “They have the opportunity to get their funds back,” said Joe.Among the various crypto-related ventures was a high-profile attempt to tokenize partial ownership of a 36-floor skyscraper in Dubai. Promoted as a way for investors to earn passive income from leasing units in the tower, each token represented one square inch of the building.
Hundreds of thousands of investors across the U.S. and Canada were impacted by the collapse of this and other offerings, including crypto tokens tied to a staking pool in the “Lydian World” metaverse and a gold-backed cryptocurrency.
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