Genesis to Pay SEC $21M Penalty to Settle Charges Over Gemini Earn...

Genesis to Pay SEC $21M Penalty to Settle Charges Over Gemini Earn Product

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Source: Coindesk.com

Genesis Global Capital will pay $21 million as a civil penalty in a settlement with the SEC that has now been formalized. The SEC will not receive any "portion of the penalty until after payment of all other allowed claims," the regulator said in a statement.

Bankrupt crypto lender Genesis Global

Read More https://www.coindesk.com/policy/2024/03/19/genesis-to-pay-sec-21m-penalty-to-settle-charges-over-gemini-earn-product/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Genesis to Pay SEC $21M Penalty to Settle Charges Over Gemini Earn Product" appeared first here Coindesk.com.

Source: Coindesk.com

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