Gemini lawyer says the ‘SEC is floundering’ in proving its case against the exchange
Jack Baughman, the lawyer representing Gemini, claimed in a post on Aug. 19 that the Securities and Exchange Commission (SEC) is struggling to prove its case against the exchange. According to the SEC lawsuit, Gemini’s crypto lending product Gemini Earn violated the securities laws by offering unregistered securities. Baughman noted: “The SEC is floundering. They...