Gemini, Genesis file to dismiss SEC lawsuit against Earn product
Gemini said the SEC’s lawsuit against its “Earn” product — which offered yields to customers against their crypto deposits — was “ill-conceived.“
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Gemini said the SEC’s lawsuit against its “Earn” product — which offered yields to customers against their crypto deposits — was “ill-conceived.“
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Two Prime CEO Calls Bitcoin Yields From Babylon and Stacks ‘VC-Funded Subsidies’
Alexander S. Blume, CEO and co-founder of bitcoin lender and asset manager Two Prime, said yields from what he called bitcoin laye...
Judge Lets Stock Perpetual Futures Keep Trading but Says CFTC Likely Overstepped Its Authority
Bitcoin Magazine Judge Lets Stock Perpetual Futures Keep Trading but Says CFTC Likely Overstepped Its Authority Stock perpetual fu...
Italy Filed 95% of the EU's Register of Unlicensed Crypto Firms
Italy's market regulator filed 179 of the 188 entries on the EU's register of unlicensed crypto firms, an FM Intelligence analysis...
Jack Dorsey’s Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves
Bitcoin Magazine Jack Dorsey’s Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves Block has agreed in...
THORChain Restarts Most Swaps After Analyst Said Operators Would Expect North Korea to Launder
THORChain had switched swaps back on for most of the chains halted after an Oct. 31 Ethereum reorg, according to the network’s own...
CFTC’s Selig Says Perpetual Futures on Individual Stocks Can Now Trade in the US
Perpetual futures on individual stocks can now trade on U.S.-regulated exchanges, Commodity Futures Trading Commission Chairman Mi...