Genesis Faces $21 Million Penalty As SEC Charges Are Settled | Bitcoinist.com

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Bitcoin, btcusd, Crypto, Crypto News, Crypto regulation, Crypto Regulations, cryptocurrencies, Cryptocurrency, DeFi, digital currency, Earn Program, Gemini Crypto Exchange, Genesis, Genesis bankruptcy, Genesis Capital, Genesis crypto, Genesis Global Capital, Genesis loans, Genesis news, Genesis withdrawals, total crypto market cap, US crypto regulation

Crypto lender Genesis Global, has agreed to a final judgment imposing a $21 million civil penalty and a permanent injunction as part of a settlement with the US Securities and Exchange Commission (SEC). The settlement resolves charges against Genesis related to the unregistered offer and sale of “securities” through its crypto asset lending program, the […]

Gemini Files Lawsuit Against Genesis Over Disputed $1.6 Billion Bitcoin Trust Shares | Bitcoinist.com

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Bitcoin, bitcoin price, btc, btcusd, BTCUSDT, Crypto, Crypto News, Cryptocurrency, Gemini Bitcoin, Gemini Crypto Exchange, Gemini Global, Gemini Trust, Genesis bankruptcy, Genesis Capital, Genesis Digital Assets, Genesis global, Genesis Global Capital, Genesis withdrawals, Grayscale, Grayscale bitcoin fund, Grayscale Bitcoin Trust, Grayscale GBTC, Grayscale news

In a recent development, crypto exchange Gemini has filed a lawsuit against the crypto platform Genesis Global about the ownership of shares in the Grayscale Bitcoin Trust (GBTC).  Per the lawsuit, the exchange is seeking a determination from a federal judge to establish that Genesis has no right to over 60 million GBTC shares pledged […]