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Crypto firms Genesis and Gemini charged by SEC with selling unregistered securities

by Editor January 12, 2023, 10:29 pm 1.9k Views

Crypto firms Genesis and Gemini charged by SEC with selling unregistered securities

SEC chairman Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on Sept. 14, 2021 in Washington.

Evelyn Hockstein-Pool/Getty Images

The Securities and Exchange Commission on Thursday charged crypto firms Genesis and Gemini with allegedly selling unregistered securities in connection with a high-yield product offered to depositors.

Gemini, a crypto exchange, and Genesis, a crypto lender, partnered in…

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