SEC agrees to dismiss Gemini “Earn” case
SEC agrees to dismiss Gemini Earn enforcement case ⚖️✅
What’s happening: The SEC agreed to dismiss its case against Gemini over the “Earn” crypto lending program after investors recovered their assets in full, following repayments tied to Genesis’ bankruptcy process.
Why it matters: This is a notable enforcement reset signal and could influence how U.S. regulators and platforms approach lending-yield products going forward.