Genesis Faces $21 Million SEC Fine for Gemini Earn Crypto Lending Violations: A Cautionary Tale of Bankruptcy and Regulatory Consequences
Bankrupt Genesis agrees to $21 million SEC fine over defunct Gemini Earn crypto lending violations Genesis Global’s $21 million SEC Fine In a recent statement from the US SEC, bankrupt crypto lender Genesis Global has agreed to a $21 million civil penalty related to the now-defunct Gemini Earn lending initiative. This settlement marks a significant…