According to Roger James Hamilton, Genius Group (GNS) has provided an update via its latest 6K SEC filing regarding ongoing legal proceedings against LZG International, Michael Moe, and Peter Ritz. The company has initiated a RICO lawsuit against Moe and Ritz and is also engaged in arbitration proceedings. These developments could significantly impact GNS stock volatility and investor sentiment, with potential implications for broader market interest in litigation-driven trading strategies. Source: Roger James Hamilton.

According to @rogerhamilton, the appeal court ruled in favor of Genius Group two weeks ago, allowing the company to resume fundraising and Bitcoin ($BTC) purchases. This legal victory is significant for $BTC and $GNS traders, as it enables renewed institutional buying power in the crypto market. Additionally, $GNS has filed a revised $750 million RICO lawsuit against Ritz & Moe, which could impact Genius Group’s operational stability and stock performance. The swift recovery of Roger Hamilton’s X account by Elon Musk’s team also restores the company’s communication channel, reducing uncertainty for investors (source: @rogerhamilton on X, May 21, 2025).