Gemini’s Winklevoss Says SEC Closed Investigation With No 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.

A spokesperson for the SEC didn’t respond to a request for comment. Gemini also didn’t respond to a request for comment from Bloomberg News.

The posting contained a photo of a letter dated Feb. 24 from the SEC, which said the agency staff “do not recommend an enforcement action by the Commission” against Gemini. Neither the letter nor the post elaborated on ...