Judge Denies Gemini-Genesis Bid To Dismiss SEC Lawsuit Over Crypto ‘Earn’ Program

KEY POINTS Judge Ramos said the SEC “plausibly alleged” the companies sold unregistered securities He said the regulator sufficiently alleged Gemini Earn investors expected profits from the firms’ efforts Gemini recently reached a settlement to return at least $1.1 billion to Earn users A U.S. judge has denied the motions filed by cryptocurrency custodian Gemini … Read more