Gemini Trust Co. has told a Manhattan federal judge that the U.S. Commodity Futures Trading Commission's claims that the crypto exchange omitted key information related to a proposed bitcoin futures contract isn't ripe for a pretrial decision because the claims involve "hotly disputed factual questions."
Bankrupt crypto lender Genesis Global Capital won court approval of its plan to distribute billions of dollars in digital assets and cash to creditors, defeating a legal challenge brought by its corporate parent Digital Currency Group.
The crypto field suffered a string of tough court rulings in March, and April hasn't been any better. Are judges and juries finally getting the picture?
The crypto field suffered a string of tough court rulings in March, and April hasn't been any better. Are judges and juries finally getting the picture?
(Bloomberg) The Securities and Exchange Commission can proceed with its suit accusing Gemini Trust Co. and bankrupt cryptocurrency lender Genesis Global Capital of illegally offering unregistered securities through their interest-paying Gemini Earn product.Most Read from BloombergPutin Says Ukraine Deal Requires Security Pledges for RussiaUS House Passes Bill That Would Force TikTok Sale or Ban ItEx-Wall Street Banker Takes On AOC in New York Democratic PrimaryPhysical Intelligence Is Buildin