SEC and Gemini ask to pause lawsuit to explore ‘potential resolution’

From Cointelegraph

April 2, 2025 01:29 am:

The US SEC and Gemini exchange seek to pause the lawsuit over the Gemini Earn program to discuss a potential resolution. The SEC sued Gemini and Genesis for offering unregistered securities through the program. Genesis settled for $21 million, but Gemini’s case remains unresolved. The SEC has dropped lawsuits against other crypto companies recently. Gemini co-founder criticized the SEC for costing them money and productivity. Other companies like OpenSea, Crypto.com, and Uniswap also reported closed SEC probes.

Read more at Cointelegraph: SEC and Gemini ask to pause lawsuit to explore ‘potential resolution’