Securities and Exchange Commission v. Genesis Global Capital, LLC et al

  1. April 03, 2025

    SEC's Gemini Crypto Trading Suit Paused For More Deal Talks

    A New York federal judge paused the U.S. Securities and Exchange Commission's unregistered securities trading claims against cryptocurrency exchange Gemini Trust Co. after the agency and the company informed the court they were approaching a resolution, which would be the second deal reached in the case.

  2. March 18, 2024

    Genesis Gets OK For $21M Deal To End SEC Crypto Loan Suit

    A New York federal judge on Monday approved a $21 million settlement to resolve allegations that bankrupt crypto lender Genesis Global Capital LLC violated the U.S. Securities and Exchange Commission's regulations by selling unregistered securities in a joint partnership with crypto exchange Gemini Trust Co.

  3. March 13, 2024

    Genesis, Gemini Can't Ax SEC Suit Over Crypto Loan Program

    A New York federal judge refused Wednesday to toss the U.S. Securities and Exchange Commission's allegations that crypto exchange Gemini Trust Co. and bankrupt crypto lender Genesis Global Capital LLC violated securities laws by running the now-defunct investment program Gemini Earn that sold alleged unregistered securities.

  4. May 30, 2023

    Gemini Moves To Toss SEC Suit Over Lending Program

    Crypto exchange Gemini Trust Co. and bankrupt crypto lender Genesis Global Capital LLC asked a New York federal judge to toss claims from the U.S. Securities and Exchange Commission that their defunct investment program was a sale of unregistered securities, arguing that contracts involved were "simple lending arrangements," and the SEC case is complicating the process of returning funds to investors.

  5. January 12, 2023

    SEC Sues Crypto Cos. Genesis, Gemini Over Lending Program

    The U.S. Securities and Exchange Commission on Thursday sued cryptocurrency lender Genesis Global Capital and cryptocurrency exchange Gemini Trust Co. on allegations they sold unregistered securities through a joint investment program that raked in billions of dollars' worth of crypto assets.