The U.S. Securities and Exchange Commission dropped its lawsuit against the Winklevoss twins’ crypto exchange after investors recovered their assets.
Regulators cited the full repayment of Gemini Earn customers through the Genesis Global Capital bankruptcy in mid-2024.
The decision reflects a friendlier crypto approach under Donald Trump, who pledged broader digital currency adoption.
The SEC stressed the dismissal does not affect other enforcement cases.
Founded by Tyler Winklevoss and Cameron Winklevoss, Gemini is now valued at $1.14bn.
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