sec alleges gemini sold unregistered

sec alleges gemini sold unregistered Bnb XRP aave Bonk coinbase futures litecoin futures cardano futures

Did Gemini sell unregistered securities to investors?

The Securities and Exchange Commission on Thursday charged Genesis Global Capital and Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, for selling unregistered securities to investors through Gemini's Earn crypto asset lending program.

What is the US Securities and Exchange Commission charging Gemini and Genesis?

The US Securities and Exchange Commission has charged crypto firms Gemini and Genesis over the alleged unregistered sale of crypto asset securities. The US Securities and Exchange Commission has charged crypto firms Gemini and Genesis over the alleged unregistered sale of crypto asset securities.

What's going on with Gemini and Genesis?

SEC charges Genesis, Gemini over alleged sale of unregistered securities The US Securities and Exchange Commission has charged crypto firms Gemini and Genesis over the alleged unregistered sale of crypto asset securities.

Did Genesis & Gemini violate the Securities Act of 1933?

The SEC’s complaint, filed in the U.S. District Court for the Southern District of New York, charges Genesis and Gemini with violations of Sections 5 (a) and 5 (c) of the Securities Act of 1933. The complaint seeks permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.