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SEC

Judge Rules Against Gemini, Genesis Motion to Dismiss SEC Case Against Earn Product

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A New York judge ruled that the U.S. Securities and Exchange Commission’s complaint against Gemini and Genesis “plausibly alleges” that the two firms violated securities laws. The Wednesday motion tosses out the two firms’ motions to dismiss filed last May. Up to 340,000 Gemini Earn customers have had their crypto stuck in limbo since November … Read more

Terraform Labs Allowed to Hire Law Firm Dentons in Bankruptcy Case by U.S. Court: Reuters

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  Terraform Labs has been allowed to hire law firm Dentons by a U.S. court, Reuters reported on Wednesday. Terraform’s creditors, the SEC, and the U.S. Justice Department objected to Terraform hiring Dentons in February. Last month, Terraform’s creditors, the SEC, and the U.S. Justice Department objected to Terraform hiring Dentons after it had filed … Read more