Gemini: crypto-exchange accused by SEC for offering “unregistered securities”

The crypto-exchange of the Winklevoss twins, Gemini, has been accused by the SEC for offering “unregistered securities.” Gary Gensler, the chairman of the SEC, stepped up the scrutiny against what he dubbed the “wild west” of cryptocurrencies. Gemini and the SEC: the US authority’s charges against the crypto-exchange The nagging “unregistered security” by the US Securities and Exchange Commission (SEC) against crypto-exchanges has also involved that of the Winklevoss twins, Gemini. As early as last January, the SEC reportedly blamed the disastrous “Gemini Earn” program for being an unregistered security offering. Here’s how the SEC quoted it: “Through this unregistered