In a recent update, the cryptocurrency exchange Gemini, run by the Winklevoss twins, filed a motion to dismiss the SEC’s securities violation lawsuit.
Gemini Trust Co filed the request in Manhattan federal court on May 26 in response to a January 12 lawsuit by the US Securities and Exchanges Commission.
The litigation was against the exchange and a Digital Currency Group (DCG) subsidiary, Genesis Global Capital….
Read More: Currency Exchange Gemini Seeks to Have SEC Lawsuit Dismissed