SEC Considers Dismissing Lawsuit Against **Gemini** Exchange
The Securities and Exchange Commission (SEC) is considering dismissing a lawsuit against the Gemini exchange. The lawsuit, initiated in 2023, stemmed from allegations that Gemini offered unregistered securities in an effort to retain investors, according to reports. The development indicates a potential shift in the regulatory stance towards the cryptocurrency exchange. The case highlights the ongoing scrutiny of crypto platforms by regulatory bodies regarding compliance with securities laws.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.