The Winklevoss twins’ crypto exchange, Gemini, is set to open a new office in the Miami area while wrapping up a legal dispute with the U.S. Securities and Exchange Commission (SEC). According to an update from Sterling Bay Properties on March 31, Gemini has secured a lease in Miami’s Wynwood Art District, a thriving center for tech and crypto companies, as reported by Bloomberg. This expansion is a strategic effort by Gemini to extend its U.S. footprint beyond its current offices in New York and Europe. Bloomberg indicates that the exchange might begin operations at the new office as early as May. This development coincides with the nearing resolution of the SEC’s enforcement action against Gemini. A federal judge has recently put a 60-day hold on the case, allowing both parties to explore a potential settlement. The lawsuit, filed in January 2023, accused Gemini of offering and selling unregistered securities through its now-defunct Gemini Earn program.
Need to do some crypto events in Miami hosted at @Gemini office https://t.co/badFnt5TB2 — Eric Kuhn (@erickuhn19) April 3, 2025
