The SEC dropped its case against Gemini, joining a trend of crypto-friendly moves. Winklevoss called for reforms, highlighting regulatory overreach and its impact on innovation.

X post, the co-founder and president of Gemini suggested the SEC publicly fire all staff members involved in the investigation.

The US Securities and Exchange Commission (SEC) has dropped its investigation of Gemini and will not pursue an enforcement action.

Gemini Trust Co., owned by billionaire Winklevoss twins, was told by the US Securities and Exchange Commission that the agency has closed its investigation into the crypto exchange according to a posting on X by Cameron Winklevoss.

The SEC has ended its 699-day investigation into Gemini without action. Winklevoss demands accountability and regulatory reform for crypto.