Winklevoss, Silbert Crypto Enterprises Targeted by SEC

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The Street

By Rob Lenihan The SEC says Genesis Global Capital and Gemini Trust improperly ‘raised billions of dollars’ worth of crypto assets from hundreds of thousands of investors.’ In the latest blow to the cryptocurrency sector, Genesis Global Capital and Gemini Trust were charged with the unregistered offer and sale of securities through the Gemini Earn crypto asset lending program, the Securities and Exchange Commission said. Genesis and Gemini “raised billions of dollars’ worth of crypto assets from hundreds of thousands of investors,” through the unregistered offering, the SEC charged on Jan. 12….

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