Crypto firm Gemini to pay over $1 billion back to customers in ...
Feb 29, 2024 · The cryptocurrency exchange Gemini says it will return $1.1 billion to Earn customers as part of a settlement it reached with the New York Department of Financial Services.
Gemini Earn Users Receive $2.18 Billion of Their Digital Assets in …
Today, 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 …
Gemini Earn Users Receive $2.18 Billion of Their Digital Assets in Kind -- a 232% Recovery. This unprecedented outcome paves the way for all Earn users to receive 100% of their digital assets...
Announcing the Successful Resolution of Earn - Gemini
February 28, 2024 – Today, we shared with Earn users that we have finally reached a settlement in principle with Genesis and other creditors in the Genesis Bankruptcy that will, if approved by the Bankruptcy Court, result in all Earn users receiving 100% of their digital assets back in kind.
Winklevoss crypto firm Gemini to return $1.1bn to customers - BBC
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...
Gemini Announces Full Recovery of Earn Users' Digital Assets
May 29, 2024 · Gemini announced Wednesday that its Gemini Earn users have received all their digital assets back in-kind. This means, for instance, that if a customer lent one bitcoin to the Earn program,...
Gemini to return $1.1 bln to customers, pay fine in regulatory ...
Feb 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...
Crypto Blog - Latest Crypto Articles & News - Gemini
Gemini's 'Go Where Dollars Won’t' Campaign Gives Glimpse Into How Crypto Will Power Our Lives Among The Stars. The new campaign, debuting this week in the U.S. and U.K., emphasizes exploration, growth, and crypto’s limitless potential. TEAM GEMINI.
Gemini Announces Full Recovery of Earn Users' Digital Assets - CoinDesk
May 29, 2024 · Gemini contributed $50 million to ensure Earn users' recovery, with 97% of digital assets distributed today and the remaining balance expected within 12 months, it said in a release.
Crypto Exchange Gemini to Return $1.1 Billion to Customers in …
Feb 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 ...