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How did Gemini respond to the SEC's allegations about selling digital currencies?

avatarPavan PwsDec 27, 2021 · 3 years ago3 answers

What was Gemini's response to the allegations made by the SEC regarding the sale of digital currencies?

How did Gemini respond to the SEC's allegations about selling digital currencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Gemini responded to the SEC's allegations by stating that they strongly disagree with the claims and believe they are without merit. They emphasized their commitment to compliance and regulatory oversight, stating that they have always worked closely with regulators to ensure the integrity of their platform. Gemini also highlighted their dedication to protecting their customers and maintaining a fair and transparent marketplace for digital assets. They expressed confidence in their legal and compliance teams to address any concerns raised by the SEC and stated that they would vigorously defend against the allegations.
  • avatarDec 27, 2021 · 3 years ago
    In response to the SEC's allegations, Gemini issued a detailed statement outlining their position. They argued that the SEC's claims were unfounded and lacked evidence. Gemini highlighted their efforts to comply with regulatory requirements and emphasized their commitment to maintaining a secure and trustworthy platform for digital currency trading. They also expressed their willingness to cooperate with regulators and address any concerns. Gemini stated that they would vigorously defend themselves against the allegations and continue to provide a reliable and compliant trading experience for their users.
  • avatarDec 27, 2021 · 3 years ago
    As a third-party observer, it is important to note that Gemini has responded to the SEC's allegations by strongly denying any wrongdoing. They have emphasized their commitment to compliance and regulatory oversight, highlighting their efforts to work closely with regulators. Gemini has expressed confidence in their legal and compliance teams to address the allegations and has stated their intention to vigorously defend against them. It is worth noting that this is an ongoing legal matter, and the outcome will ultimately be determined by the courts.