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SEC Dismisses Lawsuit Against Trump-Linked Gemini Trust

1/24/2026

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Summary

Story summary

The SEC dropped the lawsuit against Gemini Trust, a cryptocurrency firm linked to U.S. President Donald Trump.
The case stemmed from a 2022 incident in which customers lost access to their investments for 18 months.
Investors recovered their funds after a regulatory action by the New York Attorney General.
Gemini was founded by Tyler and Cameron Winklevoss and has ties to Trump, including campaign contributions.

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Story summary

The SEC dropped the lawsuit against Gemini Trust, a cryptocurrency firm linked to U.S. President Donald Trump.
The case stemmed from a 2022 incident in which customers lost access to their investments for 18 months.
Investors recovered their funds after a regulatory action by the New York Attorney General.
Gemini was founded by Tyler and Cameron Winklevoss and has ties to Trump, including campaign contributions.