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Genesis and Gemini File for Dismissal of SEC's Earn Program Lawsuit – Here's the Latest

Cryptocurrency exchange Gemini and bankrupt cryptocurrency lender Genesis Global Capital have filed a petition to dismiss the SEC action linked to their joint venture product, Gemini Earn. The SEC lawsuit charges the fir...

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Genesis and Gemini File for Dismissal of SEC's Earn Program Lawsuit – Here's the Latest
Cryptocurrency exchange Gemini and bankrupt cryptocurrency lender Genesis Global Capital have filed a petition to dismiss the SEC action linked to their joint venture product, Gemini Earn.
The SEC lawsuit charges the firms with offering yield-bearing instruments to their customers and that, as such, these products are securities offered for sale without the required registration with the relevant authority. ...
Read More: Genesis and Gemini File for Dismissal of SEC's Earn Program Lawsuit – Here's the Latest

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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