Genesis to Pay SEC M Penalty to Settle Prices Over Gemini Earn Product

Genesis to Pay SEC $21M Penalty to Settle Prices Over Gemini Earn Product

by Jeremy


The bankrupt crypto lender Genesis World Capital has agreed to a remaining judgment ordering it to pay $21 million to settle prices with the U.S. Securities and Change Fee (SEC) for violating securities legal guidelines by providing and promoting its now-defunct Gemini Earn program, the SEC introduced Tuesday.

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