Crypto firm Gemini to pay over $1 billion back to customers in ...
WEBFeb 29, 2024 · Gemini, a cryptocurrency exchange, has reached a settlement with New York regulators over its Earn program, which let customers loan their crypto and earn interest. The program collapsed in 2022...
Gemini Earn Users Receive $2.18 Billion of Their Digital Assets in …
WEBToday, Earn users received $2.18 billion of their digital assets in kind. These initial distributions represent: 97% of digital assets owed to Earn users. $1 billion more than when Genesis halted withdrawals. A 232% recovery from when Genesis halted withdrawals.
Gemini Earn Users Receive $2.18 Billion of Their Digital Assets in …
WEBMay 29, 2024 · Gemini, a crypto platform, announced that it settled with Genesis, a bankrupt lender, and returned $2.18 billion of digital assets to Earn users in kind. This is an unprecedented outcome among...
Gemini Announces Full Recovery of Earn Users' Digital Assets - CoinDesk
WEBMay 29, 2024 · Gemini announced that it has recovered 100% of its Earn users' digital assets from Genesis, its bankrupt partner. The settlement follows a lawsuit, a SEC charge and a NYAG penalty over the Gemini...
Announcing the Successful Resolution of Earn - Gemini
WEBFeb 28, 2024 · Gemini announced a settlement in principle with Genesis and other creditors in the Genesis Bankruptcy that will return 100% of Earn users' digital assets in kind. The settlement is subject to Bankruptcy Court approval and could take up to two months to complete.
Crypto Exchange Gemini to Return $1.1 Billion to Customers in …
WEBFeb 29, 2024 · New York’s financial regulator said Gemini Trust has agreed to return at least $1.1 billion to users of the cryptocurrency exchange’s Earn investment program and to pay about $37 million in ...
Gemini to return $1.1 bln to customers, pay fine in regulatory ...
WEBFeb 28, 2024 · Cryptocurrency exchange Gemini will return at least $1.1 billion to customers of its defunct lending program and pay a fine of $37 million for unsafe and unsound practices as part of a settlement...
Gemini Crypto News & Press Mentions
WEBJun 7, 2023 · Find out the latest news and updates about Gemini, the crypto-native finance platform founded by the Winklevoss twins. Read press releases, articles and interviews about Gemini's global expansion, investments, products and features.
Winklevoss crypto firm Gemini to return $1.1bn to customers - BBC
WEBFeb 29, 2024 · Cryptocurrency exchange Gemini has agreed to return at least $1.1bn (£870m) to customers of its defunct lending programme as part of a settlement with the New York Department of Financial ...
Winklevoss crypto firm customers will get back triple the value of ...
WEBMay 29, 2024 · Gemini, the exchange founded by Cameron and Tyler Winklevoss, said Wednesday that it has secured a 232% recovery for customers who participated in its lending program, Earn, a partnership with a...