How the SEC is Handling Crypto Cases 12 Months Into Trump’s Presidency
Since U.S. President Donald Trump’s return to public office, the Securities and Exchange Commission has scaled back its crypto enforcement agenda. It has dropped cases, closed investigations, and changed what it prioritizes for enforcement.
The most prominent case to fall out of the docket so far is the SEC’s lawsuit against Gemini Trust Company.
Earlier this week, the SEC, alongside Gemini’s exchange now operating as Gemini Space Station, filed a joint stipulation to dismiss the Earn case after a “100 percent in-kind return” of investors’ crypto assets.
The case was filed in early 2023 over its high-yield lending product, Gemini Earn. The exchange and its partner, Genesis Global Capital, were previously accused…
