The US Securities and Exchange Commission agreed to dismiss its lawsuit against the Winklevoss twins’ crypto exchange after investors recovered all assets. Regulators cited the full repayment of Gemini Earn customers through the Genesis Global Capital bankruptcy in mid-2024. The move reflects a friendlier regulatory approach toward cryptocurrencies under President Donald Trump, who pledged broader support for digital assets. The SEC stressed that the dismissal does not affect other enforcement actions. Gemini later posted a strong Nasdaq debut and is now valued at $1.14bn.
SEC Drops Case Against Winklevoss Twins’ Gemini Exchange
Andrew Rogers
Andrew Rogers is a freelance journalist based in the USA, with over 10 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. He earned his degree in Journalism from the University of Florida. Throughout his career, he has contributed to outlets such as The New York Times, CNN, and Reuters. Known for his clear reporting and in-depth analysis, Andrew delivers accurate and timely news that keeps readers informed on both national and international developments.
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