The U.S. Securities and Exchange Commission agreed to dismiss its lawsuit against Gemini, founded by Tyler and Cameron Winklevoss, after investors recovered their assets in full. Regulators cited the complete repayment of Gemini Earn customers through the Genesis Global Capital bankruptcy in 2024. The decision reflects a broader shift toward crypto-friendly regulation under President Donald Trump. The SEC stressed that the dismissal does not affect other enforcement actions. Gemini later debuted strongly on Nasdaq and is now valued at $1.14bn.
SEC Drops Lawsuit Against Winklevoss Crypto Exchange
By OMN AI
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