Genius Group Faces Legal Challenge Over Share Transfer

Genius Group Limited (GNS) has released an update.

Genius Group Limited is facing a legal hurdle as the Southern District of New York court has issued a temporary restraining order preventing the transfer of 7.4 million of its shares held by VStock Transfer to LZGI. This action is part of ongoing arbitration and an independent investigation by Genius Group to safeguard shareholder interests and ensure compliance with transaction protocols. These developments could impact the company’s stock dynamics and investor confidence.

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