Securities and Exchange Commission v. Genesis Global Capital, LLC et al
Case Number:
1:23-cv-00287
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Firms
Companies
Government Agencies
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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.
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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.
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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.
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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.