net_left adver left
  4. U.S. securities regulator charges Genesis, Gemini with unregistered offerings
Detail

U.S. securities regulator charges Genesis, Gemini with unregistered offerings

By Chris Prentice and Hannah Lang NEW YORK/WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Thursday said it has charged Genesis Global Capital LLC and...
Be the first to review this topic.
U.S. securities regulator charges Genesis, Gemini with unregistered offerings © Reuters. FILE PHOTO: People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., U.S., May 12, 2021. Picture taken May 12, 2021. REUTERS/Andrew Kelly/File Photo

By Chris Prentice and Hannah Lang

NEW YORK/WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Thursday said it has charged Genesis Global Capital LLC and Gemini Trust Company LLC with illegally selling securities to hundreds of thousands of investors through their crypto lending program.

Genesis, a part of Digital Currency Group, entered into a deal with Gemini in December 2020 to offer Gemini customers the chance to loan their crypto assets to Genesis in exchange for earning interest, the SEC said. Beginning in February 2021, they raised billions of dollars' worth of crypto assets from investors, the SEC said.

The firms violated securities laws through the offer and sale of crypto assets through their Gemini Earn product, the SEC said.

In December 2022, Genesis told investors they could not withdraw their crypto assets as volatility in the crypto markets prompted a liquidity crunch. At the time, Genesis had about $900 million in assets from 340,000 investors. The investors have been unable to withdraw their assets, the regulator said.

Investigations into other, related violations are ongoing, the agency said.

In February 2022, a subsidiary of rival crypto firm BlockFi Inc. agreed to pay $100 million to the SEC and 32 states to settle charges related to their offering of a similar interest-bearing product.

Related products

HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
07-02-2023 21:25:25 (UTC+7)

EUR/USD

1.0696

-0.0034 (-0.32%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (1)

EUR/USD

1.0696

-0.0034 (-0.32%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (1)

GBP/USD

1.1979

-0.0037 (-0.31%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (11)

Sell (0)

USD/JPY

131.93

-0.71 (-0.54%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (4)

AUD/USD

0.6906

+0.0024 (+0.36%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (3)

USD/CAD

1.3454

+0.0008 (+0.06%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (3)

Sell (3)

EUR/JPY

141.10

-1.24 (-0.87%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (4)

Sell (3)

EUR/CHF

0.9900

-0.0060 (-0.60%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (1)

Gold Futures

1,881.35

+1.85 (+0.10%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Silver Futures

22.242

+0.005 (+0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Copper Futures

4.0158

-0.0192 (-0.48%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (7)

Sell (1)

Crude Oil WTI Futures

74.94

+0.83 (+1.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (10)

Brent Oil Futures

81.66

+0.67 (+0.83%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (1)

Natural Gas Futures

2.489

+0.032 (+1.30%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (11)

US Coffee C Futures

175.68

-0.02 (-0.01%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Euro Stoxx 50

4,194.95

-10.50 (-0.25%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (10)

S&P 500

4,111.08

-25.40 (-0.61%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (1)

DAX

15,281.35

-64.56 (-0.42%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

FTSE 100

7,852.40

+15.69 (+0.20%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

Hang Seng

21,298.70

+76.54 (+0.36%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

US Small Cap 2000

1,957.72

-27.82 (-1.40%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (2)

Sell (5)

IBEX 35

9,164.08

+4.88 (+0.05%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

BASF SE NA O.N.

52.795

-0.155 (-0.29%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

Bayer AG NA

58.53

+0.34 (+0.58%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (4)

Sell (3)

Allianz SE VNA O.N.

219.10

-0.20 (-0.09%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (4)

Sell (1)

Adidas AG

154.13

-1.23 (-0.79%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

Deutsche Lufthansa AG

9.640

-0.163 (-1.66%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (5)

Siemens AG Class N

141.60

-1.36 (-0.95%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (5)

Sell (3)

Deutsche Bank AG

11.453

+0.097 (+0.85%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (9)

 EUR/USD1.0696↑ Buy
 GBP/USD1.1979↑ Buy
 USD/JPY131.93↑ Sell
 AUD/USD0.6906Sell
 USD/CAD1.3454Neutral
 EUR/JPY141.10Neutral
 EUR/CHF0.9900Buy
 Gold1,881.35↑ Sell
 Silver22.242↑ Sell
 Copper4.0158Neutral
 Crude Oil WTI74.94↑ Sell
 Brent Oil81.66Neutral
 Natural Gas2.489↑ Sell
 US Coffee C175.68↑ Sell
 Euro Stoxx 504,194.95↑ Sell
 S&P 5004,111.08↑ Buy
 DAX15,281.35↑ Sell
 FTSE 1007,852.40↑ Sell
 Hang Seng21,298.70↑ Sell
 Small Cap 20001,957.72↑ Sell
 IBEX 359,164.08↑ Sell
 BASF52.795↑ Buy
 Bayer58.53Neutral
 Allianz219.10↑ Buy
 Adidas154.13↑ Buy
 Lufthansa9.640Sell
 Siemens AG141.60Neutral
 Deutsche Bank AG11.453↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,650/ 6,710
(10/ 10) # 1,344
SJC HCM6,655/ 6,735
(15/ 15) # 1,371
SJC Hanoi6,655/ 6,737
(15/ 15) # 1,373
SJC Danang6,655/ 6,737
(15/ 15) # 1,373
SJC Nhatrang6,655/ 6,737
(15/ 15) # 1,373
SJC Cantho6,655/ 6,737
(15/ 15) # 1,373
Cập nhật 07-02-2023 21:25:27
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,868.41+0.120.01%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V24.00024.480
RON 95-III23.14023.600
E5 RON 92-II22.32022.760
DO 0.05S22.52022.970
DO 0,001S-V24.28024.760
Dầu hỏa 2-K22.57023.020
ↂ Giá dầu thô thế giới
WTI$75.28-0.52-0.69%
Brent$81.69-0.48-0.59%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.420,0023.790,00
EUR24.663,7826.055,52
GBP27.653,4728.844,48
JPY174,04184,33
KRW16,1919,73
Cập nhật lúc 18:50:03 07/02/2023
Xem bảng tỷ giá hối đoái
adver main right

Your SUCCESS is our target !!!
JOIN US FREE

Information

Customer service

Connect with us

Newsletter

Newsletter
Copyright © 2023 AI VIF. All rights reserved. Powered by nopCommerce