Gemini returns $2.18B to Earn program users after a $2B settlement with NY attorney general.

Crypto exchange Gemini is returning $2.18 billion to users of its Earn program, which it paused withdrawals for in November 2022. Following a $2 billion settlement from the New York attorney general with Genesis, Gemini's lending partner, this marks a 232% recovery for affected customers. Over 230,000 Gemini users had lost access to approximately $940 million worth of digital assets.

May 29, 2024
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