Gemini has endured a rocky relationship with regulators, especially after its failed partnership with the crypto conglomerate Digital Currency Group led to a messy series of lawsuits and enforcement actions from state and federal agencies.
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Winklevoss-led exchange Gemini files for IPO amid crypto boom
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The US Securities and Exchange Commission sued Gemini in 2023 for allegedly offering unregistered securities through its Gemini Earn program, which was linked to a failed partnership with Digital Currency Group (DCG), resulting in a series of lawsuits and enforcement actions
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