Core Viewpoint - Genius Group Limited is actively addressing legal challenges, including a market manipulation lawsuit and a RICO lawsuit, and will provide updates through a Live Spaces call on August 26, 2025 [1][6]. Legal Updates - The Company is pursuing a rescission of its 2024 Asset Purchase Agreement with LZG International, seeking the return of 7.4 million GNS shares and $6.6 million in funds related to the agreement [3]. - The RICO case filed in Florida against Moe, Ritz, Clayton, and Carter seeks triple damages exceeding $750 million [3]. - The Company is preparing to file a lawsuit regarding alleged market manipulation, with details to be shared during the upcoming call [4]. Management and Legal Team - The Live Spaces call will feature CEO Roger James Hamilton and litigation attorneys James Wes Christian and Mark R Basile, hosted by Board Advisor Kevin Malone [2]. Shareholder Distribution Plan - A Board-approved distribution plan from future legal wins will allocate 50% of net proceeds to shareholders and 50% to purchase Bitcoin for the Company's Bitcoin Treasury [5]. Company Overview - Genius Group is a Bitcoin-first education group utilizing AI to provide solutions for the future of work, serving 5.8 million users across over 100 countries [7].
Genius Group Provides Update on Legal Cases