Gemini, Genesis file to dismiss SEC lawsuit against Earn product

Gemini and Genesis File Motion to Dismiss SEC’s Lawsuit against

Genesis, Gemini seek dismissal of SEC lawsuit over lending product

Gemini crypto exchange

Gemini crypto exchange, and Genesis, an insolvent crypto lender, have jointly filed a motion in US federal court, seeking the dismissal of the complaint filed by the

Gemini and Genesis are seeking the dismissal of a lawsuit filed in January by the Securities and Exchange Commission. The SEC accused the firms of the unregistered

Genesis and Gemini File for Dismissal of SEC’s Earn

Judge Edgardo Ramos

Gemini, Genesis File Dismissal Motion in SEC Lawsuit Over Earn

Judge Edgardo Ramos, of the Southern District of New York, found that the regulatory agency’s complaint “plausibly alleges” that the two firms violated securities laws –

In line with this trend, the SEC filed a lawsuit against Gemini, a major crypto exchange, in January 2025, specifically targeting Gemini’s yield-bearing product, Earn. However, in a recent

Judge Edgardo Ramos

Gemini and Genesis File Motion for Dismissal of SEC

Judge Edgardo Ramos, of the Southern District of New York, found that the regulatory agency’s complaint “plausibly alleges” that the two firms violated securities laws –

The lawsuit claims “Gemini Earn”which let customers lend crypto assets such as Bitcoin to Genesis, with Gemini taking a fee as high as 4.29%violated securities

Gemini and Genesis Can Be Sued by SEC Over Defunct Earn