Genius Group Schedules Legal Update Call Amid Ongoing Market Manipulation Lawsuit and RICO Case

Genius Group has scheduled a Live Spaces call on X.com to update shareholders on its market manipulation and RICO lawsuits. The company's CEO and litigation attorneys will attend the call, hosted by Board Advisor Kevin Malone. Recent developments include the withdrawal of LZGI's attorney in the company's arbitration and PI case and the service of all four defendants in the RICO case. The company remains committed to pursuing a beneficial outcome in both cases.

Genius Group Limited (NYSE American: GNS), a leading AI-powered, Bitcoin-first education group, has scheduled a Live Spaces call on X.com to update shareholders on its ongoing market manipulation and RICO lawsuits. The call is set for 9:00 am Eastern Time on August 26, 2025, and will be attended by the company's CEO, Roger James Hamilton, and its litigation attorneys, James Wes Christian and Mark R. Basile Esq. The call will be hosted by Board Advisor Kevin Malone.

Recent developments in the company's legal cases include the withdrawal of LZG International's (LZGI) attorney in the arbitration and preliminary injunction (PI) case in the Southern District of New York (SDNY). The withdrawal was due to an actual or perceived conflict of interest between the individual respondents and the company LZGI. Despite this, Genius Group remains committed to pursuing a beneficial outcome in the arbitration proceeding it filed in December 2024.

In the RICO case filed in Florida against Moe, Ritz, John Clayton, and Michael Carter, all four defendants have been successfully served. The company's attorneys are committed to minimizing further delays in the case. The first defendant to be served, Moe, has until September 1, 2025, to respond to the company's claims.

The company's market manipulation lawsuit is also progressing, with Mr. Christian leading the case. He will provide updates on the lawsuit during the Live Spaces call. Genius Group has previously announced a distribution plan for any and all future legal wins, with net proceeds divided equally between shareholders and Bitcoin purchases for its Bitcoin Treasury.

The call is an opportunity for investors and stakeholders to gain an understanding of the status of these legal cases and ask questions. For more information, visit https://ir.geniusgroup.net/ prior to the call.

References:
[1] https://www.stocktitan.net/news/GNS/genius-group-provides-update-on-legal-4wyxv0ttt6xr.html
[2] https://www.globenewswire.com/news-release/2025/08/18/3135026/0/en/Genius-Group-Provides-Update-on-Legal-Cases.html