News COINTELEGRAPH IN YOUR SOCIAL FEEDclosed its investigation into crypto exchange Gemini, adding to a growing list of firms that have escaped the regulator’s scrutiny for now. 

In a Feb. 26 notice shared by Gemini co-founder and president Cameron Winklevoss, the SEC said it had concluded its investigation and “based on the information we have as of this date,” the regulator will not recommend an enforcement action.

The SEC has opted not to proceed with an enforcement action against crypto exchange Gemini. Source: Cameron Winklevoss

The SEC charged crypto lending firm Genesis Global Capital and crypto exchange Gemini with offering unregistered securities through Gemini’s “Earn” program on Jan. 12, 2023.

However, the agency added the notice isn’t an exoneration and that it must not be construed as an indication

Keep reading this article on Cointelegraph.com.

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