#SEC
The SEC agrees to close the Gemini case, full refunds are confirmed
According to the report, the SEC made the call on Friday and announced that it was closing the class action lawsuit against Gemini's Earn product. The SEC stated that it no longer sees the need to maintain the lawsuit.
In a court filing dated January 23, 2026, the SEC and Gemini Trust Company agreed to definitively end the case.
The SEC said it reached that decision based on its own assessment. It also noted the fact that investors have already been fully reimbursed, which weighed heavily in the outcome.
DUSK
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