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Alexander Zdravkov

SEC Moves to Permanently Dismiss Gemini Earn Lawsuit After Full Investor Repayments

On 24 January 2026, court filings revealed that the U.S. Securities and Exchange Commission and firms linked to Gemini Earn jointly requested a permanent dismissal of the civil case over the program's lending structure. The move follows full in-kind repayment of Gemini Earn users during the Genesis bankruptcy in mid-2024 and a separate $21 million civil penalty settlement previously reached with Genesis.
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