SEC Alleges Gemini, Genesis Sold Unregistered Securities
35 Articles
35 Articles
SEC Charges Crypto Firms Genesis and Gemini With Selling Unregistered Securities
The U.S. Securities and Exchange Commission charged Genesis Global Capital LLC and Gemini Trust Company LLC on Thursday for allegedly providing unregistered securities to investors through a program that touted a high interest on deposits.Read more...
Feuding crypto giants Genesis and Gemini have been sued by the SEC for 'unregistered offer and sale of securities'
"We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors," the SEC said.
SEC Charges Genesis, Gemini With Selling Unregistered Securities, Gensler Says: 'It's Not Optional, It's The Law' - FTX Token (FTT/USD)
The Securities and Exchange Commission (SEC) announced on Thursday it charged Genesis Global Capital and Gemini Trust Company “for the unregistered offer and sale of securities to retail investors through the Gemini Earn crypto asset lending program.” What Happened: The SEC stated Gemini and Genesis raised billions of dollars through hundreds of thousands of investors. In the statement, SEC Chair Gary Gensler said, “We allege that Genesis and Ge…
SEC charges crypto firms with offering unregistered securities
The Securities and Exchange Commission on Thursday charged cryptocurrency lender Genesis Global Capital and cryptocurrency exchange Gemini Trust with offering unregistered securities through a program that promised investors high interest on deposits.
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