New York AG announces $2 billion settlement with crypto lender Genesis

New York AG announces  billion settlement with crypto lender Genesis

New York Attorney General Letitia James is settling with crypto lender Genesis for $2 billion, in an effort to repay defrauded investors. The company, once a business at the heart of Digital Currency Group, was among the multiple casualties in the industry contagion set off by the collapse of FTX. The firm filed for Chapter … Read more

Hyundai’s Genesis brand is a dark horse in U.S. luxury vehicle market

Hyundai’s Genesis brand is a dark horse in U.S. luxury vehicle market

NEW YORK — When Hyundai Motor launched its Genesis luxury brand domestically in 2016, many were skeptical the South Korean automaker — recognized mainly for budget vehicles at the time — knew what it was doing. Among the skeptics were auto industry veterans Randy Parker and Claudia Marquez. Both were working for Nissan’s luxury Infiniti … Read more