SEC Alleges Gemini, Genesis Sold Unregistered Securities

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...

Crypto Lending Crisis - Gemini and Genesis Charged by US SEC With Selling Unregistered Securities

The US Securities and Exchange Commission (SEC) brought charges against major crypto exchange Gemini and the troubled crypto lending and trading firm Genesis.

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.

Cryptocurrencies: Genesis and Gemini prosecuted for violating stock market laws

The SEC wants to “make it clear to the market and investors that cryptocurrency lending platforms and other intermediaries must comply with stock exchange laws,” SEC Chairman Gary Gensler said in the statement.

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 Gemini, Genesis with selling unregulated securities

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