U.S. SEC Drops Lawsuit Against Gemini Earn, Investors Fully Reimbursed

SEC Drops Case Against Gemini Earn

In a recent update, the U.S. Securities and Exchange Commission (SEC) has agreed to drop its lawsuit against cryptocurrency exchange Gemini.

The case was originally tied to Gemini's now-removed Earn program. The SEC stated that with all investors in the Earn program having recovered their full assets, further legal proceedings are no longer warranted.

Investor Funds Fully Returned

This resolution marks a significant milestone for Gemini in addressing customer asset concerns. The platform worked closely with partners to ensure smooth reimbursement for affected users.

• All Earn program users have recovered 100% of their funds
• SEC confirms no further legal action necessary
• Gemini focuses on rebuilding and new strategies

Industry experts suggest that this resolution may help rebuild confidence in digital asset platforms.