946. Gary Gensler Kills Crypto Yield & Staking? | Gemini Users Wrecked... Again

Jan 16, 2023 · 32m 18s
946. Gary Gensler Kills Crypto Yield & Staking? | Gemini Users Wrecked... Again
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The Securities and Exchange Commission today charged Genesis Global Capital, LLC and Gemini Trust Company, LLC for the unregistered offer and sale of securities to retail investors through the Gemini...

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The Securities and Exchange Commission today charged Genesis Global Capital, LLC and Gemini Trust Company, LLC for the unregistered offer and sale of securities to retail investors through the Gemini Earn crypto asset lending program. Notably, this action comes at the peak of Gemini and Genesis’ public fallout. The commission has reportedly been investigating lending offerings since early 2022. Moreover, the focus, then too, was on whether or not these offerings can be considered securities offerings.
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Author Rever Networks
Organization Rever Networks
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