SEC Agrees to Dismiss Gemini Lawsuit

SEC agrees to dismiss Gemini lawsuit

The lawsuit, regarding Gemini Earn, is appropriate to dismiss because its investors have already received 100% of their money back, the SEC said.

SEC agrees to dismiss case over crypto lending by Winklevoss’ Gemini

(Reuters) - The U.S. Securities and Exchange Commission on Friday agreed to dismiss its enforcement case against a cryptocurrency exchange founded by billionaire twins Tyler and Cameron Winklevoss, after investors in its lending program recovered their assets in full. The post SEC agrees to dismiss case over crypto lending by Winklevoss’ Gemini appeared first on NY Daily Record.

SEC Withdraws Suit Against Crypto Firm Gemini

Federal regulators have dropped a lawsuit against cryptocurrency exchange Gemini. In a court filing Friday (Jan. 23), the Securities and Exchange Commission (SEC) asked a judge to dismiss the suit, stemming from the collapse of an investment product known as Gemini Earn. The SEC argued that Gemini had settled a 2023 lawsuit brought by the state of New York, which had accused the company of defrauding investors. Since then, Gemini has s…

SEC To Dismiss 3-Year Lawsuit Against Gemini – Details - Invest In Crypto News

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a major development, the US Securities and Exchange Commission has filed a joint stipulation with defendant Gemini Trust Company, LLC to terminate its long-running civil enforcement action with prejudice, effectively ending the three-year legal battle over the Gemini Earn crypto lending program. SEC Vs Gemini In January 2023, the SEC instituted…

SEC To Dismiss 3-Year Lawsuit Against Gemini - Details

In a major development, the US Securities and Exchange Commission has filed a joint stipulation with defendant Gemini Trust Company, LLC to terminate its long-running civil enforcement action with prejudice, effectively ending the three-year legal battle over the Gemini Earn crypto lending program. SEC Vs Gemini In January 2023, the SEC instituted one of the most controversial crypto-related lawsuits against Gemini Trust Company and its partner,…