💥 SEC DROPS GEMINI EARN LAWSUIT — WITH PREJUDICE
In a major regulatory development, the U.S. SEC and Gemini Trust Company have jointly moved to dismiss the Gemini Earn lawsuit with prejudice, permanently closing the case.
📌 Key facts:
The lawsuit was filed in January 2023, alleging Gemini’s Earn program involved unregistered securities
Dismissal with prejudice means these claims can never be refiled
100% of investor funds have now been returned via the Genesis Global Capital bankruptcy process
The decision follows full restitution and state + regulatory settlements
⚖️ Why this matters:
This marks one of the most closely watched post-2022 crypto enforcement battles — and it ends with investors made whole.
The outcome sends a clear signal:
👉 Investor recovery matters
👉 Enforcement paths can change when harm is fully remediated
👉 Regulatory pressure is shifting from punishment to resolution
📊 This case will likely influence how future crypto lending, yield products, and enforcement actions are handled across the industry.
👀 Crypto regulation just entered a new phase.
#CryptoNew #SEC #ETHMarketWatch #mmszcryptominingcommunity #CryptoRegulation $ETH
