SEC Crackdown on Crypto Continues With Charges Filed Against Gemini and Genesis

A file image of co-founders at Winklevoss Capital, Tyler Winklevoss (L) and Cameron Winklevoss speak onstage during TechCrunch Disrupt N.Y. 2015 at The Manhattan Center New York City. Noam Galai/Getty Images for TechCrunch

The Securities and Exchange Commission (SEC) is going after some of the largest crypto companies, by filing charges against Gemini and Genesis.

The federal government’s legal crackdown on crypto is expanding, as the SEC charged some of the biggest names in the industry of operating illegal lending services on Jan. 12.