Genius Group to split $1B lawsuit proceeds between shareholders and its Bitcoin treasury
The post Genius Group to split $1B lawsuit proceeds between shareholders and its Bitcoin treasury appeared on BitcoinEthereumNews.com. Genius Group plans to split lawsuit wins between shareholder dividends and Bitcoin. The company is pursuing two lawsuits seeking over $1 billion in shareholder-related damages. Genius Group’s current BTC holdings stand at 100 BTC and it now targets 1,000 BTC as part of its treasury plan. Singapore-based edtech firm Genius Group has unveiled an ambitious plan to share potential legal windfalls from its ongoing billion-dollar lawsuits with shareholders while simultaneously deepening its investment in Bitcoin. In a move that could reshape the company’s financial future, the Board of Directors has approved a distribution framework that will allocate all net proceeds from its legal battles equally between direct payouts to shareholders and purchases of Bitcoin for its corporate treasury. 50% of legal wins go to $GNS shareholders as special dividend, 50% to $BTC Bitcoin Treasury. No guarantee how much we recover, but in a utopian alternate universe where justice prevails $1B damages = $7/share dividend + 5,000 $BTC. In a Saylor double alternate universe where… pic.twitter.com/x3sNg4UaoK — Roger James Hamilton (@rogerhamilton) June 26, 2025 This strategy marks a bold fusion of legal recourse and crypto investment, driven by a promise to compensate shareholders for damages the company alleges were inflicted by third-party misconduct. Genius Group is pursuing lawsuits seeking over $1B in damages Genius Group is actively pursuing two major lawsuits with combined damage claims exceeding $1 billion, each targeting different alleged abuses that the company says have harmed its investors. The first lawsuit, already filed in the US District Court for the Southern District of Florida, alleges violations under the Racketeer Influenced and Corrupt Organizations Act (RICO) and seeks over $750 million in damages from several individuals, including Peter Ritz, Michael Moe, Michael Carter, and former SEC Chairman John Clayton. According to the company, these defendants, through their roles in…
The post Genius Group to split $1B lawsuit proceeds between shareholders and its Bitcoin treasury appeared on BitcoinEthereumNews.com.
Genius Group plans to split lawsuit wins between shareholder dividends and Bitcoin. The company is pursuing two lawsuits seeking over $1 billion in shareholder-related damages. Genius Group’s current BTC holdings stand at 100 BTC and it now targets 1,000 BTC as part of its treasury plan. Singapore-based edtech firm Genius Group has unveiled an ambitious plan to share potential legal windfalls from its ongoing billion-dollar lawsuits with shareholders while simultaneously deepening its investment in Bitcoin. In a move that could reshape the company’s financial future, the Board of Directors has approved a distribution framework that will allocate all net proceeds from its legal battles equally between direct payouts to shareholders and purchases of Bitcoin for its corporate treasury. 50% of legal wins go to $GNS shareholders as special dividend, 50% to $BTC Bitcoin Treasury. No guarantee how much we recover, but in a utopian alternate universe where justice prevails $1B damages = $7/share dividend + 5,000 $BTC. In a Saylor double alternate universe where… pic.twitter.com/x3sNg4UaoK — Roger James Hamilton (@rogerhamilton) June 26, 2025 This strategy marks a bold fusion of legal recourse and crypto investment, driven by a promise to compensate shareholders for damages the company alleges were inflicted by third-party misconduct. Genius Group is pursuing lawsuits seeking over $1B in damages Genius Group is actively pursuing two major lawsuits with combined damage claims exceeding $1 billion, each targeting different alleged abuses that the company says have harmed its investors. The first lawsuit, already filed in the US District Court for the Southern District of Florida, alleges violations under the Racketeer Influenced and Corrupt Organizations Act (RICO) and seeks over $750 million in damages from several individuals, including Peter Ritz, Michael Moe, Michael Carter, and former SEC Chairman John Clayton. According to the company, these defendants, through their roles in…
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