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-0.00219538968166864 0.00274423710208566 0.00658616904500535 0.0142700329308451 0.018111964873765 0.0164654226125138 0 -9.87925356750471E-05
Stock impact report

How the SEC is Handling Crypto Cases 12 Months Into Trump's Presidency [Yahoo! Finance]

Gemini Space Station, Inc. - Class A (GEMI) 
Company Research Source: Yahoo! Finance
It has dropped cases, closed investigations, and changed what it prioritizes for enforcement. The most prominent case to fall out of the docket so far is the SEC's lawsuit against Gemini Trust Company. Earlier this week, the SEC, alongside Gemini's exchange now operating as Gemini Space Station, filed a joint stipulation to dismiss the Earn case after a “100 percent in-kind return” of investors' crypto assets. The case was filed in early 2023 over its high-yield lending product, Gemini Earn . The exchange and its partner , Genesis Global Capital, were previously accused of offering unregistered securities. The bankruptcy process for the latter was set in motion in 2023. After years of negotiations between the regulator and the company, the case has now come to a resolution. The SEC had also cleared Gemini of a separate investigation unrelated to the Earn program last year. That probe, which had lingered for nearly two years, was closed without enforcement action. That deci Show less Read more
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