Settlement

Genesis Global Capital settles for $2 billion amid allegations of concealing losses from investors. At least 29,000 impacted through Gemini Earn program receive support from a newly created victims fund. This landmark settlement underscores the growing regulatory scrutiny of the crypto industry.

On May 8, 2025, the SEC announced a settlement agreement resolving its civil enforcement action against Ripple and two of its executives, marking a significant development in the crypto regulatory landscape.