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  4. US SEC Charges Gemini, Genesis for Selling Unregistered Securities
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US SEC Charges Gemini, Genesis for Selling Unregistered Securities

SEC has alleged that Genesis and Gemini were selling unregistered securities through the ‘Earn’ program.Chair Gary Gensler said the firms bypassed disclosure norms...
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US SEC Charges Gemini, Genesis for Selling Unregistered Securities US SEC Charges Gemini, Genesis for Selling Unregistered Securities

  • SEC has alleged that Genesis and Gemini were selling unregistered securities through the ‘Earn’ program.

  • Chair Gary Gensler said the firms bypassed disclosure norms created to protect investors.

  • Gemini’s Tyler Winklevoss justified that the program was regulated by NYDFS.

On Thursday, US Securities and Exchange Commission (SEC) charged crypto companies Genesis and Gemini for allegedly selling unregistered securities. As per the press release, the crypto lending firm Genesis and crypto exchange Gemini were providing the securities through Gemini’s ‘Earn’ program.

The SEC has alleged that Genesis lent Gemini clients’ crypto and then sent a part of the profits back to Gemini. Furthermore, Gemini withdrew over 4% agent fee and gave back the remaining profit to its users.

The regulatory body has filed a complaint in Manhattan federal court saying that Genesis is bound to register that product as a securities offering. SEC believes that the step has been taken to ‘protect’ investors.SEC Chair Gary Gensler stated:

We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors.

The complaint also noted that in November 2022, Genesis claimed that it would not permit its ‘Gemini Earn investors’ to withdra ...

The post US SEC Charges Gemini, Genesis for Selling Unregistered Securities appeared first on Coin Edition.

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08-12-2023 19:43:21 (UTC+7)

EUR/USD

1.0781

-0.0011 (-0.10%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (1)

EUR/USD

1.0781

-0.0011 (-0.10%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (1)

GBP/USD

1.2574

-0.0016 (-0.13%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (6)

USD/JPY

144.32

+0.19 (+0.14%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (5)

AUD/USD

0.6604

+0.0003 (+0.05%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (6)

USD/CAD

1.3577

-0.0017 (-0.13%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

EUR/JPY

155.59

0.00 (0.00%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (2)

Sell (5)

EUR/CHF

0.9432

-0.0015 (-0.16%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (5)

Sell (2)

Gold Futures

2,044.65

-1.75 (-0.09%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Silver Futures

24.082

+0.023 (+0.10%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Copper Futures

3.8283

+0.0308 (+0.81%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (2)

Crude Oil WTI Futures

70.73

+1.39 (+2.00%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (9)

Sell (1)

Brent Oil Futures

75.54

+1.49 (+2.01%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (10)

Sell (0)

Natural Gas Futures

2.598

+0.013 (+0.50%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (3)

US Coffee C Futures

178.50

+1.00 (+0.56%)

Summary

Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (4)

Sell (2)

Euro Stoxx 50

4,495.95

+22.18 (+0.50%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

S&P 500

4,585.59

+36.25 (+0.80%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

DAX

16,670.25

+41.26 (+0.25%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (1)

FTSE 100

7,522.76

+9.04 (+0.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Hang Seng

16,324.50

-18.00 (-0.11%)

Summary

Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (4)

US Small Cap 2000

1,868.25

+16.20 (+0.87%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

IBEX 35

10,160.70

+14.70 (+0.14%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (1)

BASF SE NA O.N.

45.245

+0.150 (+0.33%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (1)

Bayer AG NA

31.52

-0.31 (-0.97%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (0)

Allianz SE VNA O.N.

242.63

+0.47 (+0.19%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (10)

Sell (1)

Adidas AG

192.88

+1.78 (+0.93%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (10)

Sell (0)

Deutsche Lufthansa AG

8.410

+0.001 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Siemens AG Class N

162.03

+0.53 (+0.33%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (0)

Deutsche Bank AG

11.660

+0.094 (+0.81%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (2)

 EUR/USD1.0781↑ Buy
 GBP/USD1.2574↑ Sell
 USD/JPY144.32↑ Sell
 AUD/USD0.6604↑ Sell
 USD/CAD1.3577↑ Sell
 EUR/JPY155.59Sell
 EUR/CHF0.9432Buy
 Gold2,044.65↑ Sell
 Silver24.082↑ Sell
 Copper3.8283↑ Buy
 Crude Oil WTI70.73↑ Buy
 Brent Oil75.54↑ Buy
 Natural Gas2.598Buy
 US Coffee C178.50Buy
 Euro Stoxx 504,495.95↑ Buy
 S&P 5004,585.59↑ Buy
 DAX16,670.25Buy
 FTSE 1007,522.76↑ Sell
 Hang Seng16,324.50Sell
 Small Cap 20001,868.25↑ Buy
 IBEX 3510,160.70Buy
 BASF45.245↑ Buy
 Bayer31.52↑ Buy
 Allianz242.63↑ Buy
 Adidas192.88↑ Buy
 Lufthansa8.410↑ Buy
 Siemens AG162.03↑ Buy
 Deutsche Bank AG11.660↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,310/ 7,390
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SJC HCM7,310/ 7,410
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SJC Hanoi7,310/ 7,412
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Cập nhật 08-12-2023 19:43:24
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$2,028.84+0.930.05%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V23.01023.470
RON 95-III22.32022.760
E5 RON 92-II21.29021.710
DO 0.05S19.72020.110
DO 0,001S-V21.12021.540
Dầu hỏa 2-K20.92021.330
ↂ Giá dầu thô thế giới
WTI$70.96-4.33-0.06%
Brent$75.65-4.41-0.06%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.020,0024.390,00
EUR25.455,8426.853,68
GBP29.658,7630.921,80
JPY163,54173,11
KRW16,0119,40
Cập nhật lúc 18:47:10 08/12/2023
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