Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, is facing potential challenges following a settlement with the SEC regarding its Earn program. The SEC's lawsuit, which has been a significant concern for the company, could lead to severe penalties that might impact Gemini's stock value. With a court deadline approaching on December 15 for final papers, investors are anxious about the implications of this settlement. If the penalties are substantial, it could result in sharp losses for buyers, making this a critical moment for Gemini and its stakeholders.

Gemini, the crypto exchange founded by the Winklevoss twins, has settled a lawsuit with the US SEC regarding its crypto lending program, Gemini Earn. The settlement was announced in a letter filed in Manhattan federal court.