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Image Credit: Cryptonews

SEC Lets Gemini, Consensys Off the Hook, in Latest Crypto Regulation Easing Effort

  • The SEC has decided not to pursue legal action against Gemini and Consensys, marking a shift in crypto regulation.
  • Gemini's investigation, which lasted 700 days, has been closed nearly a year after issuing the exchange a Wells Notice.
  • Consensys CEO Joseph Lubin announced that the securities enforcement case concerning MetaMask has been dismissed.
  • Winklevoss proposed radical changes to prevent SEC overreach, including reimbursement for legal costs and public naming of regulators involved in the crypto crackdown.

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