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Gemini Fires Back: Challenges SEC’s 'Inconsistent' Claims in Lawsuit
In a legal tussle at the intersection of cryptocurrency and regulation, Gemini, the American cryptocurrency exchange, has taken a formidable stance against the Securities and Exchange Commission (SEC). In a move to dismiss the ongoing lawsuit, Gemini has filed a reply memorandum in the US District Court for the Southern District of New York.The SEC’s lawsuit contends that Gemini Earn, a platform that lets users lend out their crypto assets in exchange for interest payments, violated regulations...
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Posted: Aug 21 2023, 08:10
Author Name: financemagnates
Views: 111820