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2025-04-04 11:28:15

flash on Nostr: ⚡️🇸🇬🇺🇸 NEW - Singaporean AI firm Genius Group has been temporarily ...

⚡️🇸🇬🇺🇸 NEW - Singaporean AI firm Genius Group has been temporarily prevented from expanding its Bitcoin treasury by a US court order.

The NY District court issued a preliminary injunction, restricting the company from selling shares, raising funds, or purchasing additional Bitcoin.

This stems from a dispute over the company's merger with Fatbrain AI, which Genius initiated arbitration to terminate in October, alleging executive fraud.
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