Genesis Faces $21 Million Penalty As SEC Charges Are Settled | Bitcoinist.com

Crypto lender Genesis Global, has agreed to a final judgment imposing a $21 million civil penalty and a permanent injunction as part of a settlement with the US Securities and Exchange Commission (SEC).

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SEC Case Against Gemini And Genesis Gains Momentum As Judge Denies Motion To Dismiss | Bitcoinist.com

In a recent development, US District Judge Edgardo Ramos has denied motions from cryptocurrency exchange Gemini and crypto lender Genesis to dismiss the case brought by the US Securities and Exchange Commission (SEC).

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Gemini To Return $1.8B To Earn Customers In Settlement

On Wednesday, crypto exchange Gemini announced that it had agreed with the New York State Department Of Financial Services (NYDFS) to return over $1 billion to the Earn Program Customers.

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Genesis Resolves Lawsuit With NY Attorney General In Bankruptcy Settlement | Bitcoinist.com

In a recent development, Genesis Global, the bankrupt cryptocurrency lender, has settled a lawsuit filed by New York Attorney General Letitia James, as reported by Bloomberg.

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