SEC's Crypto Suit Shines Light On Novel Securities Theory

By Christopher Bosch and Elizabette Privat ( March 15, 2023, 3:07 PM EDT) -- The U.S. Securities and Exchange Commission has taken action against Genesis Global Capital LLC and Gemini Trust Company LLC in a recently filed complaint in the U.S. District Court for the Southern District of New York, alleging that the crypto companies violated federal securities laws by engaging in the unregistered offer and sale of securities in the form of their Gemini Earn program.[1]...

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