SEC dismisses lawsuit against billionaire Winklevoss twins-backed Gemini over Earn product

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The SEC has dismissed a lawsuit against Gemini, a cryptocurrency exchange backed by the Winklevoss twins, citing that customers have already received 100% of their assets back through Genesis' bankruptcy.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

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The SEC said Gemini Earn customers had already received 100% of their assets back through Genesis' bankruptcy, warranting the dismissal of the case.

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Original article published by CoinDesk on January 24, 2026.
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