The move comes as the SEC retreats from its anti-cryptocurrency position Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is set to expand its presence with a new office in Miami’s Wynwood Art District. The move marks a shift toward the Florida crypto scene and comes during a period when the firm may
The securities watchdog continues its offensive against the cryptocurrency ecosystem The US Securities and Exchange Commission (SEC) alleges that the Gemini and Genesis cryptocurrency firms sold unregistered securities via the Gemini Earn program. A federal judge has agreed, allowing the securities watchdog’s lawsuit against the companies to move forward. New York District Court Judge Edgardo
The changes could see creditors lose almost 40% of their original investments Gemini Earn creditors are upset over the company’s proposed reorganization plan, which could see the Bitcoin payouts promised virtually cut to about 30% of their current worth on the market. In a recent X post (formerly Twitter), Gemini Trust announced it sent creditors
Pressure in the US has forced the company to seek expansion opportunities elsewhere Coinbase’s legal woes with the US Securities and Exchange Commission (SEC) may be making waves at the moment. Still, it’s important to note that other US cryptocurrency companies have faced similar regulatory criticisms. Gemini, for instance, faced a significant SEC enforcement action
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