SEC Drops Lawsuit Against Crypto Firm Owned by Winklevoss Twins
The U.S. SEC has agreed to drop an enforcement action against a crypto exchange founded by billionaire brothers Cameron and Tyler Winklevoss after clients tied to a disputed lending product were fully repaid. Recent court filings show that the SEC and the exchange, now operating under the name Gemini Space Station, jointly asked a federal judge in New York to dismiss the case. The filing states that all assets owed to participants in the Gemini Earn program were returned through the bankruptcy proceedings of Genesis Global Capital, which concluded in 2024. The SEC noted that the outcome made it appropriate…





