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US SEC and Gemini Trust agree to settle lawsuit over unregistered crypto lending program

US SEC and Gemini Trust agree to settle lawsuit over unregistered crypto lending program

Settlement resolves SEC's claims over Gemini's unregistered crypto lending operation

The US Securities and Exchange Commission and Gemini Trust have reached an agreement in principle to settle a lawsuit over an unregistered crypto lending program.

The settlement resolves the SEC’s case against the digital asset exchange regarding its lending operations that regulators alleged violated securities laws by operating without proper registration.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.

US SEC and Gemini Trust agree to settle lawsuit over unregistered crypto lending program

US SEC and Gemini Trust agree to settle lawsuit over unregistered crypto lending program

Settlement resolves SEC's claims over Gemini's unregistered crypto lending operation

The US Securities and Exchange Commission and Gemini Trust have reached an agreement in principle to settle a lawsuit over an unregistered crypto lending program.

The settlement resolves the SEC’s case against the digital asset exchange regarding its lending operations that regulators alleged violated securities laws by operating without proper registration.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.