Gemini Trust, owned by the Winklevoss twins, announced that an investigation conducted by the U.S. Securities and Exchange Commission (SEC) has concluded with no further action against the crypto exchange. The SEC stated that it will not take any action against the company, as evidenced by a letter dated February 24. Winklevoss emphasized that the investigation resulted in significant financial losses for Gemini and expressed dissatisfaction with the length and consequences of the process.
2/27/2025 7:50:23 AM (GMT+1)
The SEC has concluded its investigation against the crypto exchange Gemini, owned by the Winklevoss twins, without filing charges, despite significant legal costs for the company
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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