Genesis Settles SEC Lawsuit, Agrees to $21 Million Civil Penalty for Earn Product

1 year ago 24

Genesis Global and its affiliated entities have reached a settlement with the United States Securities and Exchange Commission (SEC), agreeing to pay a civil penalty of $21 million. The settlement, which resolves the SEC’s civil lawsuit against Genesis over the “unregistered offer and sale of securities” through the Gemini Earn program, was proposed in a […]

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