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The Genesis Global Capital case

Every US enforcement document on Genesis Global Capital in date order, 12 January 2023 to 17 January 2025. Steps: settlement and SEC suit.

The enforcement ledger holds 5 US documents on Genesis Global Capital, from the SEC and New York’s DFS, between 12 January 2023 and 17 January 2025. The latest on record, from the SEC on 17 January 2025: Digital Currency Group and a former Genesis CEO settled SEC charges of misleading investors about Genesis's finances, paying $38.5M. Later: The SEC later filed a joint stipulation to dismiss its claims against Gemini with prejudice (January 2026).

Timeline

Date	Agency	Step	What the document says
12 Jan 2023	SEC	Civil action	SEC sued Genesis and Gemini alleging unregistered offer and sale of securities through the Gemini Earn crypto lending program. Later: The SEC later filed a joint stipulation to dismiss its claims against Gemini with prejudice (January 2026). SEC litigation release 26465
11 Jan 2024	NYDFS	Settlement	NYDFS issued a consent order to Genesis Global Trading over AML and cybersecurity compliance failures under its BitLicense.
28 Feb 2024	NYDFS	Settlement	NYDFS issued a consent order to Gemini Trust Company over compliance failures and misleading statements tied to its Earn lending program, with a $37 million civil monetary penalty.
19 Mar 2024	SEC	Settlement	Genesis Global Capital agreed to pay a $21 million civil penalty to settle SEC charges over unregistered Gemini Earn crypto lending.
17 Jan 2025	SEC	Settlement	Digital Currency Group and a former Genesis CEO settled SEC charges of misleading investors about Genesis's finances, paying $38.5M.

Each row links the agency’s own document. A step announced twice, by an agency’s headquarters and a regional office, is listed once. Charges are allegations unless a plea, conviction or settlement is stated, and a later step can change the outcome.