SEC crackdown on Gemini Earn U.S. cryptocurrency exchange Gemini and lender Global Capital have filed a motion to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission (SEC), according to court documents dated 26th. revealed through. If the motion to dismiss the action is granted, the action will be dismissed. In January, the SEC sued Genesis and Gemini for selling unregistered securities under a program called “Gemini Earn,” which they jointly operated. According to the complaint, Genesis entered into an agreement with Gemini in December 2020 that allowed Gemini customers to lend cryptocurrencies to Genesis and receive interest.Go to Source
Author: NixCoin