The U.S. SEC ordered Genesis to pay a $21 million civil penalty and impose a permanent injunction to settle charges that it engaged in unregistered offerings and sales of securities through crypto-assets.
JinseFinanceFederal court denies Gemini and Genesis' motion to dismiss SEC case over Gemini Earn program, finding it offered securities under Howey and Reves tests.
WeiliangThe $21 million Genesis-SEC settlement signifies a pivotal shift in crypto regulation, impacting Genesis, its affiliates, and setting a precedent for industry-wide regulatory compliance.
AlexGolden Finance launches the 2226th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceGemini and Genesis are seeking the dismissal of a lawsuit filed in January by the Securities and Exchange Commission. The SEC accused the firms of the unregistered offer and sales of securities in the form of Gemini’s Earn lending program.
TheBlockThe U.S. Securities and Exchange Commission alleged the two entities had sold unregistered securities through Gemini's Earn program.
CoindeskWe’ve now passed the second full week of 2023 and crypto fans’ patience and resilience have been rewarded with the first big price leaps in a long time.
decryptThe beleaguered Gemini Earn program is now the linchpin in a new set of charges filed by the Securities and Exchange Commission against both Genesis and Gemini.
decryptFederal prosecutors in New York, along with the SEC, are investigating DCG for internal transfers at its lending subsidiary Genesis, Bloomberg reported on Friday.
decryptThe leading crypto, Bitcoin, is up by nearly 12% in two weeks, whereas Ethereum is up by almost 20%.
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