SEC Charges Gemini, Genesis For Allegedly Selling Unregistered Securities

CoinDesk published this video item, entitled “SEC Charges Gemini, Genesis For Allegedly Selling Unregistered Securities” – below is their description.

The U.S. Securities and Exchange Commission (SEC) alleged that crypto exchange Gemini and crypto lender Genesis Global Capital sold unregistered securities in a lawsuit filed late Thursday. CoinDesk and Genesis are both owned by parent company Digital Currency Group. Moses Singer Partner and former SEC Senior Trial Counsel Howard Fischer joins “First Mover” to discuss the timing and details of the lawsuit, citing SEC’s regulatory bandwidth. Plus, his response to Gemini co-founder Tyler Winklevoss’ tweet that refers to the lawsuit as “counterproductive.”

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About This Source - CoinDesk

CoinDesk is a news site specializing in bitcoin and digital currencies. The site was founded by Shakil Khan and was subsequently acquired by Digital Currency Group.

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In This Story: Winklevoss

The Winklevoss Twins: Cameron and Tyler Winklevoss (born 1981), are American investors, rowers and entrepreneurs. They were involved in the early stages of Facebook

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