CandleFocus Washington Investors Set to Reclaim Digital Currency in GS Partners Settlement
2024-10-11
Author: Content Editor
The Washington State Department of Financial Institutions (DFI) has reached a settlement agreement with GS Partners after a year of negotiations. The case involves violations under Washington's Securities Act and revolves around GS Partners' Metacertificates and a multi-level marketing scheme. Investors who were affected by the violations will soon be able to submit claims through a newly established portal, with compensation being offered in digital currency. Last month, five other states also reached a settlement agreement with GS Partners.
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