New Delhi, Jan. 24 -- The U.S. Securities and Exchange Commission on Friday agreed to dismiss its enforcement case against a cryptocurrency exchange founded by billionaire twins Tyler and Cameron Winklevoss, after investors in its lending program recovered their assets in full.

The SEC and the exchange now known as Gemini Space Station filed a joint stipulation in federal court in Manhattan to dismiss the case, citing the complete return of crypto assets to Gemini Earn investors through the Genesis Global Capital bankruptcy process between May and June 2024.

The financial regulator had decided to resolve the lawsuit last year.

The SEC has shifted its approach to crypto enforcement under U.S. President Donald Trump, who has promised to ...