BlockchainLegendary
Sun Nov 17 2024
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5 answers
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What is the Gemini Genesis lawsuit?
The Gemini Genesis lawsuit refers to the legal action taken by Gemini, a cryptocurrency exchange, and Genesis Global Capital, a crypto lender, against the Securities and Exchange Commission (SEC) in response to the SEC's lawsuit against their joint product, Gemini Earn. The SEC alleges that Gemini Earn violated securities regulations by offering unregistered securities, while Gemini and Genesis contend that the program should not be classified as a security and seek to dismiss the lawsuit.
