4min chapter

Odd Lots cover image

The 'Widowmaker' Crypto Trade That Helped Blow Up an Industry

Odd Lots

CHAPTER

Cryptocurrency - Is the SEC Trying to Say Something Soon?

Gemini and Genesis were sued by the SEC over this earned program that you just described, basically for breaking securities rules. One of the criticisms that we've seen online from investors who were probably burned by some crypto things is, well, why didn't the SEC say something sooner? They'd maybe issued warnings to BlockFi, things like that. Why wouldn't they have moved sooner? Sure.

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