According to Bloomberg, the US Securities and Exchange Commission (SEC) has informed the federal court in New York that it intends to explore a possible settlement with Gemini Trust regarding its enforcement lawsuit and has applied for a 60 day extension of the related case. The case originated from the SEC's accusation in 2023 that Gemini Trust and Genesis Global Capital illegally raised billions of dollars in cryptocurrency assets through the Gemini Earn project. Before Trump took office, Gemini had reached a $5 million settlement with the Commodity Futures Trading Commission (CFTC) and agreed to return at least $1.1 billion to clients under an agreement with New York regulators. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=40324