Tag: Legal settlement

news-01072024-201937

Silvergate Settles SEC Lawsuit for $50M; Faces $63M Fine from Fed and California Regulator

Silvergate Capital recently settled a lawsuit with the SEC for $50 million, while facing additional fines of $63 million from the Federal Reserve and the California Department of Financial Protection and Innovation. The SEC...
news-15062024-025242

Gemini Settles with NYAG, Recovers $50 Million for Users

The New York Attorney General's office recently announced that it has reached a settlement with Gemini, a cryptocurrency exchange, over the defunct Gemini Earn program. As part of the settlement, Gemini will be returning...