According to the source, the U.S. Securities and Exchange Commission has proposed settlement agreements for key members of FTX co-founder and former CEO Sam Bankman-Fried’s inner circle. Per the source, these are proposals rather than finalized deals, indicating further regulatory steps are required before any resolution. According to the source post, individual names and settlement terms were not specified.

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.