US SEC and Gemini Trust Settle Lawsuit Over Unregistered Crypto Lending Program
- The US Securities and Exchange Commission (SEC) and Gemini Trust have agreed in principle to settle a lawsuit.
- The lawsuit concerned Gemini’s unregistered crypto lending program.
- The SEC alleged that Gemini’s lending operations violated securities laws by operating without proper registration.
The US SEC and Gemini Trust have reached an agreement to settle a lawsuit regarding the exchange’s unregistered crypto lending program, resolving allegations of securities law violations.
Source (3.2)https://cryptobriefing.com/sec-gemini-crypto-lending-settlement/?rand=59535
