Ad
related to: what happened to gemini earn the best way
Search results
Results From The WOW.Com Content Network
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 ...
800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. ... Wednesday announced a settlement with Gemini, the crypto firm founded by the Winklevoss twins, related to its product Gemini Earn.
Gemini Trust Company, LLC (Gemini) is an American cryptocurrency exchange and custodian bank.It was founded in 2014 by Cameron and Tyler Winklevoss. [4] [5] [6]In 2023, the company, along with two others, was sued by the New York attorney general Letitia James under allegations that it had "defrauded" investors by exposing them to undue risk.
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 ...
At the heart of the lawsuit is a program that Gemini ran in partnership with Genesis, dubbed "Gemini Earn". The program allowed customers to lend crypto assets such as bitcoin to Genesis.
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.