Genius Group Soars 12.5% on Market Manipulation Lawsuit

Genius Group's stock surged 12.5% in pre-market trading on July 1, 2025, marking a significant rise that has caught the attention of investors and analysts alike.

Genius Group has appointed Kevin Malone as an advisor to its Board. Malone, who is the CEO and President of Malone Wealth, brings over 40 years of experience in wealth management and a strong track record in fighting market manipulation. His expertise will be crucial as Genius Group prepares to file a lawsuit alleging market manipulation, including naked short selling and spoofing.

Malone's appointment is seen as a strategic move to bolster the company's legal efforts and protect its shareholders. He has a reputation for advocating for fair markets and has invested in companies taking legal action against alleged market manipulation. Malone's commitment to shareholder advocacy is evident in his decision to take his compensation for this advisory role entirely in the form of Genius Group shares, aligning his interests with those of the company's shareholders.

Genius Group CEO, Roger Hamilton, welcomed Malone to the team, highlighting his extensive experience and expertise, as well as his passion for education. Malone's charity focus on financial education aligns with Genius Group's mission of empowering humanity through education. This appointment is expected to strengthen Genius Group's position as it navigates the complexities of the market and works towards long-term value creation.