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That appears to be what happened with the latest bankruptcy proposal, which is a pretty sweet deal for Gemini Earn customers if the 95% to 110% figure holds up.
"Gemini marketed its Earn program as a way for investors to grow their money, but actually lied and locked investors out of their accounts," James said. "Today's settlement will make defrauded ...
The New York Department of Financial Services on Wednesday announced a settlement with Gemini, the crypto firm founded by the Winklevoss twins, related to its product Gemini Earn. As part of the ...
The Earn program was halted during a crypto market crash in November 2023, and its failure has spurred litigation between Genesis, Gemini, and Genesis's parent company, Digital Currency Group.
"This attack on Earn Users is a new low, even for Genesis," Gemini said in a statement. Under the companies' operating agreements, Genesis borrowed crypto assets from Earn customers, re-invested ...
Genesis and Gemini have clashed several times over the past few months, including over Gemini Earn. Gemini is also the largest creditor of Genesis, which filed for bankruptcy protection in January.
The Google cofounder said it’s unclear why Gemini, which served up a Black Hitler and a Black pope, ... 800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions; Animals. Business.
Gemini has yet to reopen withdrawals for users of its Earn service due to crypto market contagion from FTX. ... 800-290-4726 more ways to reach us. Sign in. Mail.