The US Securities and Exchange Commission (SEC) took a major step in the lawsuit against Gemini Trust Company over the failed Gemini Earn program. The watchdog dropped the case against the company.
The lawsuit, regarding Gemini Earn, is appropriate to dismiss because its investors have already received 100% of their money back, the SEC said.
The Securities and Exchange Commission filed a joint stipulation with Gemini Trust Co. LLC in New York federal court to dismiss with prejudice one of the agency’s highest-profile civil enforcement ...
The US Securities and Exchange Commission (SEC) has agreed to permanently drop its legal action against Gemini Trust Company.
The SEC’s decision was tied to the recovery of Gemini Earn investors’ assets through the Genesis bankruptcy process. According to the filing, investors ...
The U.S. Securities and Exchange Commission has dismissed its civil enforcement action against Gemini Trust Company, LLC, with prejudice. The dismissal follows a joint stipulation filed today, ending ...
Move comes as the SEC has taken a series of friendly stances towards the cryptocurrency industry under Trump ...
The US SEC has settled with Gemini, the crypto exchange founded by billionaire twins Tyler and Cameron Winklevoss, over its troubled Gemini Earn lending program. In a letter filed in Manhattan federal ...
Crypto exchange Gemini today went down in a server outage for less than an hour, the platform said on Twitter. The exchange earlier today told customers that its Earn program lending partner, Genesis, ...