The report said that Alabama Securities Commission Director Joseph Borg indicated that his agency and several other states are involved in the investigations, which focus on whether Genesis and other companies persuaded residents of their states to invest in crypto securities without having the proper registrations. Borg did not name the other companies being investigated.
Source: https://www.coindesk.com/policy/2022/11/25/us-state-regulators-investigating-crypto-investment-bank-genesis-global-capital-barrons/?utm_medium=referral&utm_source=rss&utm_campaign=headlines