💥 Gemini Earn Case Officially Closed $NOM
The SEC and Gemini Trust Company have agreed to end the long-running Gemini Earn lawsuit permanently, meaning the same claims cannot be brought again.
The case, which began in January 2023, centered on questions about whether the Earn lending product counted as unregistered securities. $AXL
All affected investors have now fully recovered their crypto via the Genesis Global Capital bankruptcy process. $TURTLE
This resolution, alongside state and regulatory settlements, marks a major conclusion to a high-profile post-2022 enforcement matter, showing that complete restitution can shape regulatory outcomes in crypto.