34万投资者100%收回资产，SEC撤诉Gemini(GEMI.US)，释放美国加密监管松动关键信号?

Core Viewpoint - The SEC has agreed to withdraw its enforcement action against the Winklevoss twins' cryptocurrency exchange, Gemini, as investors have fully recovered their assets through a bankruptcy process [1][2]. Group 1: SEC Enforcement Action - The SEC initially filed charges against Gemini's "Earn" program in early 2023, claiming it involved the unregistered sale of securities [1][2]. - The enforcement action was seen as a signal of a broader regulatory crackdown on the cryptocurrency lending industry [1][2]. Group 2: Recovery of Investor Assets - Gemini Earn investors had a total asset value of $940 million when Genesis froze customer accounts in November 2022 [2]. - Through the bankruptcy proceedings of Genesis Global Capital, 340,000 Earn users received a 100% return of their physical assets [2][3]. Group 3: Regulatory Environment Changes - The SEC's decision to withdraw the case significantly weakens its previous stance of "protecting harmed investors," as full compensation has been achieved [2]. - The shift in regulatory approach reflects a move away from aggressive enforcement towards a more constructive compliance framework for cryptocurrency companies [3]. - Gemini's successful listing on Nasdaq indicates a growing influx of institutional funds into the cryptocurrency sector, restoring investor confidence in digital assets [3].