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Tennessee reaches multimillion-dollar settlement with GS Partners
Golden Finance reported that the state of Tennessee has reached a multimillion-dollar settlement with GS Partners involving misleading digital asset and Metaverse investments. Affected investors can submit claims within 90 days of the opening in November, and are expected to receive refunds for all deposited funds or Cryptocurrency. The settlement also includes other entities under GSB Group, with the related investment products involving G999 Token, XLT vouchers, and the staking pool in Lydian World Metaverse. States that have reached settlements with GSB Group include Alabama, Arizona, Arkansas, Georgia, Texas, and Washington. It is reported that GS Partners includes two companies, GSB Gold Standard Corporation AG and GSB Gold Standard Bank LTD. The former is a joint-stock company and the latter is a limited bank.