US SEC and Gemini reach a principled settlement on Gemini Earn lawsuit
Source: golden
Time: 2025-09-16 05:20:01
Golden Finance reported that the Securities and Exchange Commission and Gemini reached a "principle settlement" over the years of lawsuits on GeminiEarn's crypto lending project, which requires final approval from the SEC. The SEC sued Gemini and Genesis Global Capital in 2023, accusing it of providing unregistered securities to retail investors. Gemini was founded in 2014 and recently raised $425 million in the Nasdaq IPO.