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SEC, Gemini Request Two-Month Pause in Lawsuit as 'Potential Resolution' in the Works

Summary by Coin Desk

A potential resolution could be coming soon in the long-running lawsuit between the U.S. Securities and Exchange Commission (SEC) and Gemini over the crypto company's Earn product.The two submitted a joint request to the U.S. District Court for the Southern District of New York on Tuesday to consider a 60-day pause in the case as they consider a potential resolution.The motion mirrors similar stay requests filed by the SEC in other crypto-relate…

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Coin Desk

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SEC, Gemini Request Two-Month Pause in Lawsuit as 'Potential Resolution' in the Works

2 days ago·Manila, Philippines

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Bloomberg

Lean Left

SEC and Winklevoss’ Gemini Trust to Explore Lawsuit ‘Resolution’

The US Securities and Exchange Commission told a federal judge in New York it wants to “explore a potential resolution” of its enforcement suit against the Winklevoss twins’ Gemini Trust Co. cryptocurrency exchange.

2 days ago·United States

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DailyTruthReport

SEC And Gemini Request 60-Day Pause In Crypto Lawsuit To ‘Explore Potential Resolution’

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Securities and Exchange Commission (SEC) and Gemini have requested a pause on the watchdog’s lawsuit against the crypto exchange over its Earn program. This move follows the regulator’s efforts to resolve most major crypto litigations outside of the Court. SEC... The post SEC And Gemini Request 60-Day Pause In Crypto Lawsuit To ‘Explore Pot…

15 hours ago

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coinstats.app

CoinStats - Ripple Lawsuit News: SEC to Decide on XRP App...

The post Ripple Lawsuit News: SEC to Decide on XRP Appeal in Key Vote on April 3? appeared first on Coinpedia Fintech News Ripple CEO Brad Garlinghouse recently released a 4-minute video announcing that Ripple had won its long-standing legal battle against the SEC. The regulatory body decided to drop its appeal, marking the end of over four years of legal disputes. This decision means Ripple no longer faces SEC challenges, giving the company and…

21 hours ago

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Tron Weekly Journal

Crypto Lawsuit Freeze: Gemini And SEC Move Toward Secret Resolution

Gemini and the SEC have asked a federal court to pause their legal case for 60 days. Both parties want time to explore a potential resolution regarding the Gemini Earn crypto lending program. The SEC filed the lawsuit in January 2023, claiming Gemini offered unregistered securities. The Securities and Exchange Commission and cryptocurrency exchange Gemini agreed to suspend their ongoing legal dispute jointly. On April 1, a New York federal court…

1 day ago

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cryptotale.org

SEC and Gemini Request 60-Day Pause in Gemini Earn Lawsuit

SEC and Gemini jointly request a 60-day legal pause on settlement over Earn program. Gemini faces an SEC lawsuit for allegedly offering unregistered securities to investors. Legal pause aligns with SEC’s softened stance as Gemini prepares for possible IPO launch. The U.S. Securities and Exchange Commission (SEC) and cryptocurrency exchange Gemini have jointly requested a 60-day stay in their ongoing legal battle. In a letter submitted to the U.S…

1 day ago

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