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🧐 GEMINI OWES OVER 4,600 BTC TO WINKLEVOSS-BACKED FUND Gemini had 4,619 BTC in outstanding debt to Winklevoss Capital Fund LLC as of December, worth more than $330M at current prices. Interested buyers are reportedly exploring Gemini’s overseas licenses after recent shutdowns. Shares jumped 9% on the news but remain down over 50% this year. #news #BTC #gemini
🧐 GEMINI OWES OVER 4,600 BTC TO WINKLEVOSS-BACKED FUND

Gemini had 4,619 BTC in outstanding debt to Winklevoss Capital Fund LLC as of December, worth more than $330M at current prices.

Interested buyers are reportedly exploring Gemini’s overseas licenses after recent shutdowns.

Shares jumped 9% on the news but remain down over 50% this year. #news #BTC #gemini
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Medvedji
Gemini Exchange Under Pressure: Winklevoss Debt, Buyer Talks & 80% Stock Crash Big developments around Nasdaq-listed Gemini ($GEMI) that every crypto investor should track 👇 1️⃣ The 4,619 BTC Debt Gemini's SEC 10-K filing confirms the exchange still owes Winklevoss Capital Fund (WCF) 4,619 $BTC worth nearly $400M at CMP. The loan has no fixed maturity. WCF can demand repayment anytime with written notice. 2️⃣ Debt Forgiveness Plan (Bloomberg, April 11) Gemini is now considering forgiving these founder loans and converting the debt into additional equity for the Winklevoss twins, who already control 94.7% voting power post-IPO. 3️⃣ Buyers Circling Overseas Units Potential acquirers are eyeing Gemini's shuttered UK and EU operations, not for the business, but to grab the hard-won MiCA (EU) and FCA (UK) licenses that take years to secure from scratch. 4️⃣ Operational Reset ✅ ~25% workforce cut (Feb 2026) ✅ Exited UK, EU, Australia markets ✅ COO, CFO, CLO all departed in February ✅ $585M loss reported for 2024 ✅ Class action lawsuit filed by investors 5️⃣ Stock Reality Check $GEMI IPO price: $28 (Sept 2025) Current price: ~$4.87 Down: 80%+ from IPO Market cap collapsed from $3.8B to ~$520M #Gemini #Cryptonews
Gemini Exchange Under Pressure: Winklevoss Debt, Buyer Talks & 80% Stock Crash

Big developments around Nasdaq-listed Gemini ($GEMI) that every crypto investor should track 👇

1️⃣ The 4,619 BTC Debt
Gemini's SEC 10-K filing confirms the exchange still owes Winklevoss Capital Fund (WCF) 4,619 $BTC worth nearly $400M at CMP. The loan has no fixed maturity. WCF can demand repayment anytime with written notice.

2️⃣ Debt Forgiveness Plan (Bloomberg, April 11)
Gemini is now considering forgiving these founder loans and converting the debt into additional equity for the Winklevoss twins, who already control 94.7% voting power post-IPO.

3️⃣ Buyers Circling Overseas Units
Potential acquirers are eyeing Gemini's shuttered UK and EU operations, not for the business, but to grab the hard-won MiCA (EU) and FCA (UK) licenses that take years to secure from scratch.

4️⃣ Operational Reset
✅ ~25% workforce cut (Feb 2026)
✅ Exited UK, EU, Australia markets
✅ COO, CFO, CLO all departed in February
✅ $585M loss reported for 2024
✅ Class action lawsuit filed by investors

5️⃣ Stock Reality Check
$GEMI IPO price: $28 (Sept 2025)
Current price: ~$4.87
Down: 80%+ from IPO
Market cap collapsed from $3.8B to ~$520M

#Gemini #Cryptonews
The Gemini Debt Hole — 4,619 BTC at Stake‼️ Gemini has revealed its hand a 4,619 $BTC debt to the Winklevoss Capital Fund, worth over $330M. Despite the massive liability and shutdowns in Europe and Australia, shares jumped 9%. Why? The market smells a buyout. Licenses in the UK and EU are a "golden ticket" for new players wanting to enter the space without years of regulatory red tape. We’re watching the potential carve-up of the Winklevoss empire! {future}(BTCUSDT) #Gemini #BTC #CryptoNews #Winklevoss
The Gemini Debt Hole — 4,619 BTC at Stake‼️

Gemini has revealed its hand a 4,619 $BTC debt to the Winklevoss Capital Fund, worth over $330M. Despite the massive liability and shutdowns in Europe and Australia, shares jumped 9%. Why?

The market smells a buyout. Licenses in the UK and EU are a "golden ticket" for new players wanting to enter the space without years of regulatory red tape.

We’re watching the potential carve-up of the Winklevoss empire!


#Gemini #BTC #CryptoNews #Winklevoss
Gemini Is in Trouble – Winklevoss Converting $330M Loan to Equity Gemini just did a 'rescue round.' Winklevoss is converting a $330M loan to equity. Red flag. Gemini is struggling. The Winklevoss twins are converting their $330M personal loan (4619 BTC) into equity to shore up the balance sheet. This follows layoffs, market exits, and a crypto winter hangover. What this means: Even the "big guys" are bleeding. If Gemini can't raise fresh capital, smaller exchanges are in worse shape. Not FUD. Just reality. Are you keeping funds on smaller exchanges or moving to cold storage? Follow for exchange risk analysis. 🔔 $BTC {future}(BTCUSDT) #Gemini #Binance #BTC
Gemini Is in Trouble – Winklevoss Converting $330M Loan to Equity

Gemini just did a 'rescue round.' Winklevoss is converting a $330M loan to equity. Red flag.

Gemini is struggling.
The Winklevoss twins are converting their $330M personal loan (4619 BTC) into equity to shore up the balance sheet.
This follows layoffs, market exits, and a crypto winter hangover.

What this means:
Even the "big guys" are bleeding. If Gemini can't raise fresh capital, smaller exchanges are in worse shape.
Not FUD. Just reality.

Are you keeping funds on smaller exchanges or moving to cold storage?

Follow for exchange risk analysis. 🔔

$BTC
#Gemini #Binance #BTC
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Medvedji
#Gemini $BTC Gemini 3 pro量化交易亚盘策略(具体开单见带单交易): 策略一:数据公布前的防守型博弈(日内极短线) 如果你现在就想动手,顺应当前 1 小时级别的 MACD 空头趋势。 操作:在 72,000 附近轻仓试空。 逻辑:博弈机构在 CPI 落地前的持续避险情绪。 止损:72,500(上方密集成交区)。 止盈:看至 24 小时最低点 70,470.2 附近。务必在今晚 20:30 数据公布前平仓离场,不拿仓位扛数据。 策略二:数据落地后的“右侧追单”战法(核心推荐) 把子弹留到今晚 20:30 以后,根据数据结果和盘面真实突破方向做单: 剧本 A(CPI 超预期,利空) -> 跌破追空: 如果数据爆表,比特币瞬间下杀并实体跌破 70,470(24小时前低),顺势追空。目标看至 68,500 - 69,000 的大级别支撑。 剧本 B(CPI 降温,利好) -> 突破追多: 如果数据好于预期(通胀回落),市场会疯狂炒作降息。当 1 小时 K 线强势突破并站稳 73,128(24小时最高点),说明洗盘结束,上方海阔天空,果断追多,上看 75,000 新高。 总结: 现在的盘面属于“暴风雨前的宁静”且偏向空头回调。今晚 20:30 之前,管住手多看少动;数据落地后的那根 1 小时 K 线的收盘价,将决定本周后半段的绝对方向。
#Gemini $BTC
Gemini 3 pro量化交易亚盘策略(具体开单见带单交易):
策略一:数据公布前的防守型博弈(日内极短线)

如果你现在就想动手,顺应当前 1 小时级别的 MACD 空头趋势。

操作:在 72,000 附近轻仓试空。

逻辑:博弈机构在 CPI 落地前的持续避险情绪。

止损:72,500(上方密集成交区)。

止盈:看至 24 小时最低点 70,470.2 附近。务必在今晚 20:30 数据公布前平仓离场,不拿仓位扛数据。

策略二:数据落地后的“右侧追单”战法(核心推荐)

把子弹留到今晚 20:30 以后,根据数据结果和盘面真实突破方向做单:

剧本 A(CPI 超预期,利空) -> 跌破追空: 如果数据爆表,比特币瞬间下杀并实体跌破 70,470(24小时前低),顺势追空。目标看至 68,500 - 69,000 的大级别支撑。

剧本 B(CPI 降温,利好) -> 突破追多: 如果数据好于预期(通胀回落),市场会疯狂炒作降息。当 1 小时 K 线强势突破并站稳 73,128(24小时最高点),说明洗盘结束,上方海阔天空,果断追多,上看 75,000 新高。

总结: 现在的盘面属于“暴风雨前的宁静”且偏向空头回调。今晚 20:30 之前,管住手多看少动;数据落地后的那根 1 小时 K 线的收盘价,将决定本周后半段的绝对方向。
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GEMINI NOTEBOOK REVEAL SETS $GOOGL WORKSPACES ON FIRE 🚀 Google Gemini is rolling out the Notebook feature first to web users on Google AI Ultra, Pro, and Plus, letting them organize projects with past chats and files for every workflow. NotebookLM integrations and EU expansion in the coming weeks give Top-tier exchange desks a new AI productivity narrative to lean on. Monitor the Notebook rollout for subscribing whales and their liquidity corridors. Map the build-up from Pro upgrades to concentrated workspace usage. Anticipate institutional desk flow tracking document storage demand and prepping for larger AI infrastructure bets. If the rollout keeps expanding toward mobile and free tiers, the new workspaces become stickier, forcing institutions to hedge long-term AI research demand. There is no price push yet, so the window is still clear to define positioning before the broader market catches up. Stay aware of trap risks as liquidity oscillates ahead of widespread availability. Not financial advice. Manage your risk. #GoogleAI #Gemini #CryptoFOMO #AIWorkspace #InstitutionalFlow ⚡ {future}(GOOGLUSDT)
GEMINI NOTEBOOK REVEAL SETS $GOOGL WORKSPACES ON FIRE 🚀

Google Gemini is rolling out the Notebook feature first to web users on Google AI Ultra, Pro, and Plus, letting them organize projects with past chats and files for every workflow. NotebookLM integrations and EU expansion in the coming weeks give Top-tier exchange desks a new AI productivity narrative to lean on.

Monitor the Notebook rollout for subscribing whales and their liquidity corridors. Map the build-up from Pro upgrades to concentrated workspace usage. Anticipate institutional desk flow tracking document storage demand and prepping for larger AI infrastructure bets.

If the rollout keeps expanding toward mobile and free tiers, the new workspaces become stickier, forcing institutions to hedge long-term AI research demand. There is no price push yet, so the window is still clear to define positioning before the broader market catches up. Stay aware of trap risks as liquidity oscillates ahead of widespread availability.

Not financial advice. Manage your risk.

#GoogleAI #Gemini #CryptoFOMO #AIWorkspace #InstitutionalFlow

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Bikovski
🚨 Foco em Saúde Mental O chatbot agora conta com uma interface de "um clique" que conecta usuários em crise diretamente a linhas de apoio (ligação ou chat) ao detectar sinais de angústia. 📌 Recurso Persistente Uma vez ativado, o módulo de ajuda permanece visível durante todo o restante da conversa para facilitar o acesso rápido a serviços de emergência. 🙅‍♂️ Sem Simulação Humana Novas travas impedem que a IA atue como "companheira emocional" ou alimente delírios, reforçando que é apenas um software e não um ser humano. 💰 Investimento Global O Google.org destinará US$ 30 milhões (R$ 154 milhões) para expandir a capacidade de atendimento de linhas de prevenção ao suicídio em todo o mundo. ⚠️ IA Responsável A medida busca evitar que a IA valide comportamentos de risco e garantir que ferramentas tecnológicas atuem positivamente no bem-estar dos usuários. #Google #Gemini #IA #Tecnologia #SaudeMental #SegurancaDigital $BTC {spot}(BTCUSDT)
🚨 Foco em Saúde Mental
O chatbot agora conta com uma interface de "um clique" que conecta usuários em crise diretamente a linhas de apoio (ligação ou chat) ao detectar sinais de angústia.
📌 Recurso Persistente
Uma vez ativado, o módulo de ajuda permanece visível durante todo o restante da conversa para facilitar o acesso rápido a serviços de emergência.
🙅‍♂️ Sem Simulação Humana
Novas travas impedem que a IA atue como "companheira emocional" ou alimente delírios, reforçando que é apenas um software e não um ser humano.
💰 Investimento Global
O Google.org destinará US$ 30 milhões (R$ 154 milhões) para expandir a capacidade de atendimento de linhas de prevenção ao suicídio em todo o mundo.
⚠️ IA Responsável
A medida busca evitar que a IA valide comportamentos de risco e garantir que ferramentas tecnológicas atuem positivamente no bem-estar dos usuários.
#Google #Gemini #IA #Tecnologia #SaudeMental
#SegurancaDigital
$BTC
Članek
From Error to Online Again: How AI Helped Me Fix My AssistantSolved my #OPENCLAW error with #Gemini 🤖 I have installed openclaw on my VMware machine. Been busy several days and come back and say hello to my assistant and its reply with " {"detail":{"code":"deactivated_workspace"}} => Trying to restart my openclaw service but it show error....endlessly.... => copy the error line paste it to my gemini pro chat 🚀🤩and perfect it provide one answer command line to paste on my ssh terminal. ( openclaw config unset plugins.entries.google-gemini-cli-auth) I follow....and restart openclaw then booms....my assistant reply me like.... 💻💻👇💻Hey John 👋 Bico here. What do you want to work on?👍 And it talks like I am having one top smart assistant waiting for my command to achieve my things. Do you want this kind of AI assistant? Comment “GUIDE” and I’ll show you how. #Aİ $AI {spot}(AIUSDT) $BTC {future}(BTCUSDT) $BNB {future}(BNBUSDT)

From Error to Online Again: How AI Helped Me Fix My Assistant

Solved my #OPENCLAW error with #Gemini 🤖
I have installed openclaw on my VMware machine.
Been busy several days and come back and say hello to my assistant and its reply with " {"detail":{"code":"deactivated_workspace"}}

=> Trying to restart my openclaw service but it show error....endlessly....

=> copy the error line paste it to my gemini pro chat
🚀🤩and perfect it provide one answer command line to paste on my ssh terminal.
( openclaw config unset plugins.entries.google-gemini-cli-auth)

I follow....and restart openclaw then booms....my assistant reply me like....
💻💻👇💻Hey John 👋 Bico here. What do you want to work on?👍

And it talks like I am having one top smart assistant waiting for my command to achieve my things.

Do you want this kind of AI assistant? Comment “GUIDE” and I’ll show you how.
#Aİ
$AI
$BTC
$BNB
🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎 🍎 Apple (AAPL) Meets Binance: A New Era for Equity Tokens? 🍎The line between traditional finance and crypto just got thinner. With Binance Futures set to launch AAPLUSDT Equity Perpetual Contracts on April 6, 2026, the "Magnificent Seven" giant is officially entering the high-leverage crypto arena. 🍎Why it Matters: 🍎Apple isn't just a hardware company anymore; it’s an AI powerhouse. The recent multi-year collaboration with Google Gemini to overhaul Siri has shifted market sentiment from "falling behind" to "leading the charge." Analysts are eyeing a breakout past $275 as the ecosystem prepares for the iOS 27 "Siri AI" reveal. 🍎The Stats: 🍎Current Price: ~$255.92 (+0.11%) 🍎Crypto Correlation: High. As tech-heavy tokens like SOL and BNB show strength, AAPL tokens are becoming a preferred hedge for weekend volatility. Key Support: $245 | Resistance: $270 🍎The Play: 🍎Trading Apple with up to 10x leverage on a crypto exchange is a game-changer for 24/7 liquidity. Watch the $256 level closely—if it holds, we could see a rally leading into late-April earnings. Are you bullish on the Apple x AI integration? #AAPL #BinanceSquare #CryptoNews #AppleAI #Gemini #TradingStrategy $AAPL {future}(AAPLUSDT)
🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎🍎

🍎 Apple (AAPL) Meets Binance: A New Era for Equity Tokens?

🍎The line between traditional finance and crypto just got thinner. With Binance Futures set to launch AAPLUSDT Equity Perpetual Contracts on April 6, 2026, the "Magnificent Seven" giant is officially entering the high-leverage crypto arena.

🍎Why it Matters:

🍎Apple isn't just a hardware company anymore; it’s an AI powerhouse. The recent multi-year collaboration with Google Gemini to overhaul Siri has shifted market sentiment from "falling behind" to "leading the charge." Analysts are eyeing a breakout past $275 as the ecosystem prepares for the iOS 27 "Siri AI" reveal.

🍎The Stats:

🍎Current Price: ~$255.92 (+0.11%)

🍎Crypto Correlation: High. As tech-heavy tokens like SOL and BNB show strength, AAPL tokens are becoming a preferred hedge for weekend volatility.
Key Support: $245 | Resistance: $270

🍎The Play:

🍎Trading Apple with up to 10x leverage on a crypto exchange is a game-changer for 24/7 liquidity. Watch the $256 level closely—if it holds, we could see a rally leading into late-April earnings.
Are you bullish on the Apple x AI integration?

#AAPL
#BinanceSquare
#CryptoNews
#AppleAI
#Gemini
#TradingStrategy
$AAPL
🚨 BREAKING NEWS 🚨 Gemini Exchange's shocking decision to delist $LUNC on September 20, 2024, has ignited a firestorm within the crypto community! 🔥 With the #LUNCArmy—50 million strong—already voicing their outrage, many are set to withdraw their funds and bid farewell to Gemini FOREVER! 💥 The LUNC token, bolstered by high-profile endorsements and a fiercely loyal community, has been on the rise, but Gemini’s move has cast a dark cloud over its momentum. 🌩️ This bold step from the exchange risks not only a massive exodus of users but also a significant hit to its liquidity and trading volume. 📉 The #LUNCArmy is sending a clear message: if an exchange doesn't stand by its users and the principles of decentralization, they'll take their support elsewhere. 🚀 As Gemini faces the fallout, the entire crypto world will be watching closely. Stay tuned for updates on this developing story! 📢💬 #LUNC✅ #CryptoCommunity #gemini #DelistingDrama
🚨 BREAKING NEWS 🚨

Gemini Exchange's shocking decision to delist $LUNC on September 20, 2024, has ignited a firestorm within the crypto community! 🔥 With the #LUNCArmy—50 million strong—already voicing their outrage, many are set to withdraw their funds and bid farewell to Gemini FOREVER! 💥

The LUNC token, bolstered by high-profile endorsements and a fiercely loyal community, has been on the rise, but Gemini’s move has cast a dark cloud over its momentum. 🌩️ This bold step from the exchange risks not only a massive exodus of users but also a significant hit to its liquidity and trading volume. 📉

The #LUNCArmy is sending a clear message: if an exchange doesn't stand by its users and the principles of decentralization, they'll take their support elsewhere. 🚀 As Gemini faces the fallout, the entire crypto world will be watching closely. Stay tuned for updates on this developing story! 📢💬

#LUNC✅ #CryptoCommunity #gemini #DelistingDrama
$SOL взлетел на 31% с входа по $213 — киты 🐋 и институты скупают всё глубже. Но тут уже пахнет перегревом: RSI просто кричит от жары! 🔥 Слухи о централизации валидаторов не утихают 🤫… Так что главный тест на прочность — удержать $230. 💎 Вопрос на миллиард: смогут ли дегены 🦍 обогнать венчурных гигантов? 🏁 Или VCs снова заберут всё? 🤑 {spot}(SOLUSDT) #FTX #BlackRock #Gemini
$SOL взлетел на 31% с входа по $213 — киты 🐋 и институты скупают всё глубже. Но тут уже пахнет перегревом: RSI просто кричит от жары! 🔥

Слухи о централизации валидаторов не утихают 🤫… Так что главный тест на прочность — удержать $230. 💎

Вопрос на миллиард: смогут ли дегены 🦍 обогнать венчурных гигантов? 🏁 Или VCs снова заберут всё? 🤑


#FTX #BlackRock #Gemini
🚨 Gemini Space Station IPO with Nasdaq on board 🚀 Nasdaq drops 50M bag 💼✨ IPO target 317M 📊 Wall Street meets Web3 🏦🔥 Gemini custody and staking now in Nasdaq clients hands 📈 Calypso platform opening doors for institutions 💡 Bridge between TradFi and Crypto stronger than ever 🚀 $BTC confidence pumping 🌐 #Gemini #Nasdaq #Bitcoin #CryptoNews
🚨 Gemini Space Station IPO with Nasdaq on board 🚀 Nasdaq drops 50M bag 💼✨ IPO target 317M 📊 Wall Street meets Web3 🏦🔥 Gemini custody and staking now in Nasdaq clients hands 📈 Calypso platform opening doors for institutions 💡 Bridge between TradFi and Crypto stronger than ever 🚀 $BTC confidence pumping 🌐 #Gemini #Nasdaq #Bitcoin #CryptoNews
#Gemini debuted on #Nasdaq is very big news for crypto those who know about this news before set in so big profit may it become ATH because #sol and #eth show massive upper side
#Gemini debuted on #Nasdaq is very big news for crypto those who know about this news before set in so big profit may it become ATH because #sol and #eth show massive upper side
🌐 FUN FACT: Gemini just bagged a Guinness World Record 🏆 for the largest-ever drone display forming a Bitcoin logo in the sky 🚀✨ $BTC Crypto history, but make it art. 🎨🟠 #Bitcoin #Gemini #Crypto
🌐 FUN FACT: Gemini just bagged a Guinness World Record 🏆 for the largest-ever drone display forming a Bitcoin logo in the sky 🚀✨
$BTC

Crypto history, but make it art. 🎨🟠

#Bitcoin #Gemini #Crypto
Članek
Gemini and SEC Move Toward Settlement: End of Earn Program Dispute in SightCrypto exchange Gemini has reached a preliminary agreement with the U.S. Securities and Exchange Commission (SEC) that could bring an end to one of the most closely watched legal battles in recent years. The case revolves around the controversial Gemini Earn lending program, which involved hundreds of thousands of users and billions of dollars in crypto assets. Preliminary Agreement in New York Court According to filings in federal court in Manhattan, attorneys for both the SEC and Gemini stated they had reached an “agreement in principle” to fully resolve the dispute. Judge Edgardo Ramos has been asked to pause deadlines until December 15, while final documentation is completed. Neither Gemini nor the SEC has yet issued a public statement. Reuters, which first reported the development on September 16, noted that the agreement marks a significant step toward closing the prolonged conflict. How the Earn Dispute Began The Gemini Earn program allowed customers to lend their crypto, including Bitcoin, to Genesis Global Capital in exchange for interest payments. Gemini collected fees of up to 4.29% from these transactions. At its peak, the program attracted hundreds of thousands of participants. Trouble began in November 2022 when Genesis froze withdrawals following the collapse of FTX. By January 2023, Genesis filed for bankruptcy, leaving around $900 million in customer assets locked, affecting roughly 340,000 Gemini Earn users. The SEC then sued both Gemini and Genesis, alleging they bypassed disclosure rules designed to protect investors. Genesis later paid a $21 million fine to settle without admitting wrongdoing, while Gemini continued to fight the allegations. This preliminary settlement now signals Gemini may also be ready to close the case, though final terms remain subject to SEC approval. IPO and Shifting Regulatory Climate The news comes shortly after Gemini completed its initial public offering (IPO), raising $425 million at a valuation of $3.3 billion. Since then, shares have risen to $32.52, up 16% from the original offering price of $28. The timing underscores Gemini’s effort to move beyond the Earn controversy while positioning itself as a publicly traded company. The broader regulatory climate has also shifted: since President Donald Trump took office in January 2025, the SEC has softened its oversight of the crypto sector, reflecting a wider policy shift that has benefited firms like Gemini. A New Chapter for the Winklevoss Twins For co-founders Tyler and Cameron Winklevoss, whose combined net worth is now estimated at $4.6 billion, a settlement could remove a major overhang at a pivotal moment. It would allow Gemini to focus on growth and strengthening its market position, now as a fully public exchange. The preliminary settlement between Gemini and the SEC could symbolize not only the closure of one of the largest crypto disputes of the decade but also the beginning of a new era, where regulation and business move closer together. #Gemini , #SEC , #crypto , #Regulation , #CryptoNews Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Gemini and SEC Move Toward Settlement: End of Earn Program Dispute in Sight

Crypto exchange Gemini has reached a preliminary agreement with the U.S. Securities and Exchange Commission (SEC) that could bring an end to one of the most closely watched legal battles in recent years. The case revolves around the controversial Gemini Earn lending program, which involved hundreds of thousands of users and billions of dollars in crypto assets.

Preliminary Agreement in New York Court
According to filings in federal court in Manhattan, attorneys for both the SEC and Gemini stated they had reached an “agreement in principle” to fully resolve the dispute. Judge Edgardo Ramos has been asked to pause deadlines until December 15, while final documentation is completed.
Neither Gemini nor the SEC has yet issued a public statement. Reuters, which first reported the development on September 16, noted that the agreement marks a significant step toward closing the prolonged conflict.

How the Earn Dispute Began
The Gemini Earn program allowed customers to lend their crypto, including Bitcoin, to Genesis Global Capital in exchange for interest payments. Gemini collected fees of up to 4.29% from these transactions. At its peak, the program attracted hundreds of thousands of participants.
Trouble began in November 2022 when Genesis froze withdrawals following the collapse of FTX. By January 2023, Genesis filed for bankruptcy, leaving around $900 million in customer assets locked, affecting roughly 340,000 Gemini Earn users.
The SEC then sued both Gemini and Genesis, alleging they bypassed disclosure rules designed to protect investors. Genesis later paid a $21 million fine to settle without admitting wrongdoing, while Gemini continued to fight the allegations.
This preliminary settlement now signals Gemini may also be ready to close the case, though final terms remain subject to SEC approval.

IPO and Shifting Regulatory Climate
The news comes shortly after Gemini completed its initial public offering (IPO), raising $425 million at a valuation of $3.3 billion. Since then, shares have risen to $32.52, up 16% from the original offering price of $28.
The timing underscores Gemini’s effort to move beyond the Earn controversy while positioning itself as a publicly traded company. The broader regulatory climate has also shifted: since President Donald Trump took office in January 2025, the SEC has softened its oversight of the crypto sector, reflecting a wider policy shift that has benefited firms like Gemini.

A New Chapter for the Winklevoss Twins
For co-founders Tyler and Cameron Winklevoss, whose combined net worth is now estimated at $4.6 billion, a settlement could remove a major overhang at a pivotal moment. It would allow Gemini to focus on growth and strengthening its market position, now as a fully public exchange.

The preliminary settlement between Gemini and the SEC could symbolize not only the closure of one of the largest crypto disputes of the decade but also the beginning of a new era, where regulation and business move closer together.

#Gemini , #SEC , #crypto , #Regulation , #CryptoNews

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