Cryptocurrency firms Gemini and Genesis have been charged by US regulators with illegally selling crypto assets to hundreds of thousands of investors. Gemini was co-founded by twins Tyler and Cameron Winklevoss – known for their legal dispute with Facebook. Tyler called the complaint “disappointing”, and said his company looks forward to defending itself. The Securities and Exchange Commission regulates financial markets in the US and has enforcement powers to launch civil actions against companies it believes has breached laws. Do you think that Securities and Exchange Commission is frustrating investors ?
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