The Securities and Exchange Commission’s recent charge against cryptocurrency exchange Gemini and crypto firm Genesis over a lending product is another warning shot to the industry on yield-bearing ac...
Tag: Charges
Bitcoin Billionaires to SEC charges
Join Our Telegram channel to stay up to date on breaking news coverage As shown in the movie “The Social Network,” Cameron and Tyler Winklevoss, who co-founded Facebook and were duped by Mark Zuckerbe...
SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest: Jan. 8-14
Top Stories This Week Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’ In a “pre-mortem overview” of FTX’s bankruptcy, Sam Bankman-Fried denied allegations of imp...
SEC Charges Genesis and Gemini for Offering and Selling Unregistered Securities
The SEC also revealed that Genesis and Gemini generated assets worth hundreds of dollars from hundreds of thousands of investors. On the 12th of January, the US Securities and Exchange Commission (SEC...
SEC Charges Genesis and Gemini — Winklevoss Says Regulator’s Lawsuit Is ‘Super Lame’ – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has charged crypto exchange Gemini and crypto lender Genesis Global Capital, a subsidiary of Digital Currency Group (DCG). “Through this unregistered ...
Winklevoss slams SEC charges against Gemini as a ‘super lame … manufactured parking ticket’
Tyler Winklevoss, the co-founder of cryptocurrency exchange Gemini, has hit out at the regulator charging the exchange over issuing unregistered securities, calling the allegations “super lame” ...
Tyler Winklevoss Responds to SEC’s Charges Against Gemini, Says Regulator’s Actions Are ‘Counterproductive’
The chief executive of Gemini is calling the U.S. Securities and Exchange Commission’s (SEC) actions against the crypto exchange “counterproductive.” In response to the SEC recently charging Gemini wi...
Kevin Spacey Pleads Not Guilty To 7 Sexual Offense Charges
Topline Actor Kevin Spacey—who was already set to stand trial later this year for other charges— pleaded not guilty Friday to seven counts of sexual assault he’s accused of perpetrating against one ma...
SEC Files “Totally Counterproductive” Charges Against Gemini and Genesis
Key Takeaways The SEC is accusing both Gemini and Genesis of offering unregistered securities to retail customers through the Gemini Earn program. Genesis currently owes Gemini customers $900 million....
Genesis and Gemini Are Facing SEC Violation Charges
6 hours ago | 2 mins read Editors News Genesis and Gemini are holding the charge with violations of the Securities Act of 1933. Genesis holds around $900 million worth of assets of 340K Gemini investo...
Prosecutors in Bulgaria level serious charges on Nexo
The prosecutors belonging to Bulgaria have leveled serious charges against Nexo. This entity is a centralized crypto lender also belonging to the country itself. According to them, Nexo happened to ha...
SEC charges Gemini, Genesis over Earn program; Winklevoss responds
The U.S. Securities and Exchange Commission has charged Genesis and Gemini over their now-defunct Gemini Earn program, according to a Jan. 12 announcement. SEC chair Gary Gensler said: We allege that ...
SEC levels serious charges against Gemini and Genesis
The Securities and Exchange Commission (SEC) has leveled formal and serious charges against Genesis and Gemini for illegally carrying out the sale of unregistered securities. For the uninitiated, Gene...
Nexo Under Investigation In Bulgaria For Alleged ML Charges
Crypto lender Nexo has found itself in the crosshairs of a large-scale investigation as Bulgarian authorities probe into allegations of money laundering, computer fraud, tax offenses, and other crimes...
SEC charges Gemini and Genesis for selling unregistered securities
SEC charges Gemini and Genesis for offering lending services via the Earn program The commission previously charged BlockFi for similar offerings The United States Securities and Exchanges Commission ...
SEC Charges Genesis And Crypto Exchange Gemini For Offering Unregistered Securities
The U.S. Securities and Exchange Commission has filed charges against crypto lender Gemini and Genesis for selling unregistered securities through Gemini’s “Earn” scheme. The SEC claims that Earn enab...
SEC charges Genesis and Gemini with selling unregistered securities
The Securities and Exchange Commission on Thursday charged crypto firms Genesis and Gemini with allegedly selling unregistered securities in connection with a high-yield product offered to depositors....
SEC charges Gemini and Genesis with unregistered securities offering
The Securities and Exchange Commission charged Genesis Global Capital LLC and Gemini Trust Company LLC for the unregistered offer and sale of securities to retail investors through a Gemini crypto len...
SEC Charges Genesis and Gemini – Trustnodes
Washington D.C., Jan. 12, 2023 — The Securities and Exchange Commission today charged Genesis Global Capital, LLC and Gemini Trust Company, LLC for the unregistered offer and sale of securities to ret...
Avi Eisenberg Faces More Charges — This Time From the CFTC
In the latest twist in the case against Avraham “Avi” Eisenberg, the CFTC has charged the former star DeFi trader. Legal actions against Eisenberg, who, by his own admission, participated in an attack...
CFTC Charges Man Behind $100,000,000 Attack on Solana-Based Trading Platform With Market Manipulation
The U.S. Commodity Futures Trading Commission (CFTC) has filed market manipulation charges against the man behind the $100 million exploit of Mango Markets, a Solana (SOL)-based decentralized finance ...
FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges – Market Updates Bitcoin News
As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 202...
Andrew Tate Loses Bid To End 30-Day Detention On Rape And Human Trafficking Charges
Topline A Romanian court on Tuesday rejected controversial social media star Andrew Tate’s appeal of his 30-day detention on charges of human trafficking, organized crime and rape, multiple outlets re...
SEC Charges Creators of Alleged $45,000,000 Crypto Scheme That Promised 500,000X Returns
The U.S. Securities and Exchange Commission (SEC) is charging the team behind the CoinDeal scheme for allegedly defrauding tens of thousands of investors. The SEC filed a complaint against Neil Chandr...
Where Tornado Cash stands in 2023, post money laundering charges
A report by Chainalysis takes a closer look at the impact of OFAC’s sanctions imposed on Tornado Cash. The sanctions led to a decline in inflow, but failed to pull the plug on the underlying smart co...
CFTC Files Charges Against the Mango Markets $110M Exploiter
Eisenberg led off the deceptive manipulation of Mango Markets’ assets on October 11, 2022. $47 million worth of assets is still in the exploiter’s custody as a bug bounty. The Commodity Futures Tradin...
Mango Markets exploiter faces new set of charges from the CFTC
Mango Markets exploiter Avraham Eisenberg is facing one more set of charges, as outlined in a complaint filed by the CFTC on Jan. 9. In that complaint, the Commodity Futures Trading Commission (CFTC) ...
CFTC Charges Mango Markets Exploiter With Market Manipulation
The Commodities and Futures Trading Commission (CFTC) has charged Mango Markets exploiter Avraham Eisenberg with violating federal commodities laws during his $110 million manipulation attack in Octob...
SEC Alleges CoinDeal Being 45 Mn USD Fraudulent Scheme; Charges Eight Individuals and Entities
The accused promised return on investment up to 500,000 times Investigation is still going on by the financial authority officials The United States Securities and Exchange Commission (SEC) recently ...
SEC charges team behind the $45 million Coindeal crypto fraud
The U.S. SEC has charged the team behind Coindeal. The SEC has also charged AEO Publishing Inc., Banner Co-Op Inc., and Bannersgo LLC. The Securities and Exchange Commission (SEC) of the United States...