DCG’s Genesis Agrees to Pay $21M to Settle SEC Lawsuit
Genesis Global Holdco, a bankrupt crypto lender owned by Digital Currency Group (DCG), has agreed to a settlement to end the United States Securities and Exchange Commission’s (SEC) Earn lawsuit. Earlier last year, the SEC sued Genesis for violating securities law by offering and selling unregistered securities to retail investors through the Gemini Earn program. … Read more
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