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SEC and Gemini Request 60-Day Pause to Explore Settlement in Earn Program Case

  • The SEC and Gemini have jointly requested a 60-day pause in their lawsuit to explore a potential resolution.
  • The original lawsuit filed in January 2023 alleged Gemini Earn program offered unregistered securities.
  • Genesis already settled related charges for $21 million in March 2024.
  • This pause follows a trend of the SEC easing crypto enforcement since Trump took office.

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