SEC, Gemini Trust reach agreement over crypto lending dispute — TradingView News
The US Securities and Exchange Commission (SEC) and Gemini Trust Company filed a status update in court, letting a federal court know they had reached a “resolution in principle” to resolve a securities case stemming from a 2023 complaint.
In a Monday filing in the US District Court for the Southern District of New York (SDNY), the SEC and Gemini Trust said that, “subject to review and approval” by the commission, the two parties requested that all litigation in the civil case be indefinitely stayed.
The filing stated that both parties would file another status report if the case weren’t resolved by Dec. 15.
The securities case against Gemini Trust and Genesis Global Capital began with a complaint filed by the SEC in January…
