Crypto firm Gemini to pay over $1 billion back to customers in ...
WEBFeb 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.
Announcing the Successful Resolution of Earn - Gemini
WEBGemini thanks the New York Department of Financial Services (DFS) for its role in this settlement, which delivers a coin-for-coin recovery for Earn users. We’ve worked …
Gemini Announces Full Recovery of Earn Users' Digital Assets - CoinDesk
WEBMay 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,...
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...
Crypto exchange Gemini to pay $1.1 billion back to customers
WEBFeb 29, 2024 · Gemini Trust, a cryptocurrency exchange founded by Cameron and Tyler Winklevoss, will return at least $1.1 billion to customers of its now shuttered lending program, following a settlement with a...
Gemini Earn Users Receive $2.18 Billion of Their Digital Assets in …
WEBThis unprecedented outcome paves the way for all Earn users to receive 100% of their digital assets back in kind. NEW YORK, May 29, 2024 /PRNewswire/ -- Today, Earn …
Gemini Earn Users Receive $2.18 Billion of Their Digital Assets in …
WEBGemini Earn Users Receive $2.18 Billion of Their Digital Assets in Kind — a 232% Recovery. TYLER AND CAMERON. CEO and President. 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.
Crypto Blog - Latest Crypto Articles & News - Gemini
WEBGemini’s latest analyst note delves deeper into how stablecoin activity has continued to grow while other cryptocurrencies prices have wavered.
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...
Winklevoss crypto firm Gemini to return $1.1bn to customers - BBC
WEBCryptocurrency 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 ...