cryptolending

📅 January 24
For almost three years, the Gemini Earn case was presented as one of the most compelling examples of how the SEC intended to regulate the crypto industry through judicial force. It was the symbol of the “enforcement first” era, where the regulator sought to set precedents through exemplary lawsuits.

📖The SEC filed with the Southern District Court of New York a joint stipulation to dismiss with prejudice its civil lawsuit against Gemini Trust Company over the Gemini Earn program.
The original lawsuit, filed in January 2023 against Genesis and Gemini, accused the program of constituting an unregistered securities offering. Gemini Earn had been launched in February 2021 promising up to 7.4% APY to users who lent their cryptocurrencies. It all came crashing down in November 2022, when Genesis froze withdrawals following the post-FTX credit crisis, leaving around $940 million belonging to 340,000 users locked.
In March 2024, a federal judge denied motions to dismiss the case, stating that the SEC had made “plausible” arguments about securities violations. At that time, the process seemed to be heading towards a trial that could set a historic precedent.
However, between May and June 2024, during the bankruptcy process of Genesis Global Capital, something happened that completely changed the landscape: users received 100% of their crypto assets in kind, that is, not in dollars, but in the same cryptocurrencies that they had deposited.
That fact was key. The SEC explicitly acknowledged that this full recovery was the determining factor in dropping the case. Previous regulatory settlements also weighed in: Genesis paid $21 million to the SEC, while Gemini paid $37 million to the NYDFS and contributed an additional $40 million to the bankruptcy process to facilitate full recovery for customers.
The dismissal “with prejudice” definitively closes the case and joins a series of similar withdrawals by the SEC under the direction of its new chairman Paul Atkins, who took office in April 2025 and has promoted the “Project Crypto” program to modernize the rules instead of continuing with the massive litigation strategy of the Gensler era.

Topic Opinion:
This case marks a before and after in the relationship between the SEC and the crypto industry. Not because Gemini “won,” but because the regulator decided to withdraw after years of building a narrative of securities violations.
💬 Is this the definitive end of the era of massive lawsuits against the crypto sector?

Leave your comment...
#Gemini #SEC #CryptoLending #Regulation #CryptoNews $BTC

There’s something transformative about what @Huma Finance 🟣 is building. Unlike most of DeFi that revolves around high-value collateral, Huma anchors lending to income flows — unlocking credit for freelancers, remote workers, and digital creators who’ve been left out of both traditional finance and crypto lending.

🔑 What Makes Huma Different

Inclusive Lending → Access without the barrier of heavy collateral

Data-Driven → Leveraging localized income data to expand across underserved global regions

Sustainable Growth → Focused on quality users, scalable pools & responsible governance

🌐 The Impact Ahead

The team’s push to integrate regional income data means $HUMA could soon power lending in markets where legacy systems have failed. This isn’t just DeFi innovation — it’s real-world financial empowerment.

🚀 Why It Matters

While many projects chase hype, Huma grows steadily and quietly, setting the gold standard for decentralized credit infrastructure:
✅ Inclusive
✅ Data-driven
✅ Responsibly governed

This is more than the future of DeFi — it’s the future of finance itself.

$HUMA
#HumaFinance #DeFi #CryptoLending #Web3

Is DeFi losing its way? One expert believes the industry is straying from its original vision of peer-to-peer (P2P) finance. Instead of direct lending, many platforms now rely on liquidity pools and oracles, which can compromise user control and transparency. 🚨
A recent incident with Hyperliquid exchange, where the oracle was manipulated, highlights these risks. The platform's TVL plummeted after the exploit, shaking user confidence. The call is now to return to DeFi's roots: P2P systems where users negotiate terms directly, choose collateral, and avoid reliance on centralized pricing. ⚡️
A more user-centric approach could unlock mass adoption and offer a truly decentralized financial experience. What do you think of this shift in DeFi?
Follow for exclusive analysis!
#P2P #Decentralization #DeFi #CryptoLending #Binance

اگر آپ Binance پر روزانہ $10 سے $15 تک کمانا چاہتے $BTC @Lenny Hua ہیں، مگر سرمایہ نہیں لگانا چاہتے — تو آپ کو تھوڑا وقت، محنت، اور سمجھداری سے کام لینا ہوگا۔
Binance ایسی کئی مواقع فراہم کرتا ہے جن میں پیسہ لگائے بغیر بھی ٹاسک، کمیونٹی ایکٹیویٹی، یا ریفرل سسٹم کے ذریعے کمائی کی جا سکتی ہے۔
💡 1. Binance Earn (اگر مفت یا کم از کم اثاثے موجود ہوں)
اگر آپ نے کسی ایئر ڈراپ، ریوارڈ، یا کسی ٹاسک سے تھوڑے بہت کوائنز حاصل کیے ہیں، تو آپ انہیں Binance Earn میں لگا سکتے ہیں:
Flexible Savings: اپنی کرپٹو پر روزانہ منافع حاصل کریں، جب چاہیں نکلوا سکتے ہیں۔
Locked Savings: مخصوص دنوں کے لیے لاک کر کے زیادہ سالانہ منافع حاصل کریں۔
Launchpool: اپنے BNB یا دوسرے کوائن اسٹیک کریں اور نئے پراجیکٹس کے فری ٹوکن حاصل کریں۔

🤝 2. پروموشن اور کمیونٹی پروگرامز (بغیر سرمایہ کے اصل مواقع)
یہ سب سے حقیقی اور عملی طریقے ہیں جن میں پیسہ نہیں بلکہ آپ کی مارکیٹنگ اور حصہ داری کام آتی ہے۔
Referral Program: دوستوں کو Binance جوائن کروائیں اور ان کی ٹریڈنگ فیس سے کمیشن حاصل کریں۔ اگر آپ کے نیٹ ورک میں ایکٹیو یوزرز ہیں، تو روزانہ کی آمدنی ممکن ہے۔
Affiliate Program: سوشل میڈیا، یوٹیوب، یا بلاگ پر Binance کی سروسز پروموٹ کریں اور ہر نئے ایکٹیو یوزر پر انعام حاصل کریں۔
Community Participation: Binance کے مقابلوں، مباحثوں اور چیلنجز میں حصہ لیں — اکثر انعامات ٹوکنز یا بونس کی شکل میں ملتے ہیں۔
Earn Challenges: Binance کی جانب سے جاری کردہ ایجوکیشنل یا انٹرایکٹیو ٹاسک مکمل کریں اور انعام پائیں۔
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📈 3. بغیر سرمایہ کے اپنی ٹریڈنگ اسکلز تیار کریں
جب آپ نے تھوڑا سا فری انکم حاصل کر لیا، تو اپنی اسکلز بڑھانے پر فوکس کریں۔
Demo Trading: Binance کے ڈیما ٹریڈنگ فیچر سے پریکٹس کریں تاکہ رسک فری تجربہ حاصل ہو۔
Zero-Fee Pairs: جب آپ چھوٹی رقم سے ٹریڈ شروع کریں، تو ان جوڑوں (pairs) کو استعمال کریں جن پر فیس نہیں ہے، تاکہ زیادہ منافع مل سکے۔
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⚠️ اہم ہدایات:
دھوکہ دہی سے بچیں! ایسے “جلدی امیر بننے” والے اسکیموں پر یقین نہ کریں جو بڑی ابتدائی رقم مانگیں۔
ہر پروگرام کی شرائط و ضوابط لازمی پڑھیں۔
محنت، مستقل مزاجی اور سمارٹ ورک کے ذریعے ہی کامیابی حاصل ہوتی ہے۔

$BNB
#BinanceEarn #FreeCrypto #CryptoTips #BinanceCommunity #EarnWithoutInvestment #BinanceSquareTalks #Write2Earn #PassiveIncome #CryptoLending arning #TradeSmart