The US SEC and Gemini apply for a 60-day suspension of litigation to seek a settlement

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ODAILY
3 days ago
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Odaily Planet News: The U.S. Securities and Exchange Commission (SEC) and cryptocurrency exchange Gemini have submitted an application to Judge Edgardo Ramos of the New York Federal Court, requesting a 60-day suspension of the related litigation to explore potential settlement options. The case originated from the SEC's lawsuit against Gemini and cryptocurrency lending company Genesis Global Capital in January 2023, alleging that they offered unregistered securities through the Gemini Earn program. (Cointelegraph)

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