Gemini to return more than $1.1B to Earn customers

Feb 29, 2024 · Gemini Trust will return at least $1.1 billion to customers of its Gemini Earn program through the bankruptcy proceeding of crypto lender Genesis Global Capital, with which it jointly operated the program.. New York Department of Financial Services Superintendent …

CouponFollow Extension

$1
OFF

Gemini To Return More Than $1.1B To Earn Customers

4 weeks from now

bankingdive.com

$37
OFF

Gemini Agrees To $37M Fine And $1B Customer Repayment After …

4 weeks from now

Feb 29, 2024 · Part of the agreed settlement is a caveat that the NYDFS could take further action against Gemini if the company fails to return at least $1.1 billion to the Earn customers as part …

lawyerherald.com

$37
OFF

Gemini To Pay $37 Million Fine, Return Over $1 Billion To Earn ...

4 weeks from now

Feb 28, 2024 · As part of the settlement, NYDFS said it can bring future actions against Gemini if it does not return the $1.1 billion to Earn customers as part of the Genesis Global Capital, LLC …

theblock.co

$1
OFF

Gemini To Return $1.1 Billion To Customers, Pay Fine In Regulatory ...

4 weeks from now

Feb 28, 2024 · (Reuters) -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 …

yahoo.com

$1
OFF

Gemini To Return US$1.1-billion To Customers, Pay Fine In …

4 weeks from now

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 …

theglobeandmail.com

$1
OFF

Gemini Agrees To Return $1.1 Billion To Earn Customers As Part Of …

4 weeks from now

The New York State Department of Financial Services (NYDFS) reached a settlement agreement with Winklevoss-owned crypto exchange Gemini. The NYDFS announced the settlement in a …

criptor.io

$1
OFF

Gemini Agrees To $1.1 Billion Payback In Earn Program Settlement

4 weeks from now

Gemini, the cryptocurrency exchange founded by The Winklevoss twins, has agreed with the New York Department of Financial Services (NYDFS). The agreement requires Gemini to pay a $37 …

coingape.com

$1
OFF

New York DFS Announces Settlement With Gemini Trust

4 weeks from now

The New York State Department of Financial Services (DFS) said Wednesday (Feb. 28) that Gemini Trust Company has agreed to return at least $1.1 billion to customers of its Gemini …

pymnts.com

$1
OFF

Winklevoss-Owned Crypto Exchange Gemini To Return $1.1 Bn To …

4 weeks from now

Feb 29, 2024 · Gemini has agreed to return $1.1 billion to users of its Earn program as part of its bankruptcy procedure. “We have finally reached a settlement in principle with Genesis and …

blockhead.co

$1
OFF

Crypto Exchange Gemini To Return $1.1 Billion To Customers In

4 weeks from now

N ew 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 ...

msn.com

$1
OFF

Crypto Exchange Gemini To Refund $1.1B To Earn Program …

4 weeks from now

Gemini, a prominent cryptocurrency exchange, has agreed to reimburse at least $1.1 billion to customers of its defunct lending program. The company will also pay a $37 million fine as part …

msn.com

$1
OFF

Gemini Agrees To Return $1.1 Billion To Earn Customers As Part Of …

4 weeks from now

Feb 28, 2024 · As part of the settlement, Gemini has also agreed to contribute $40 million towards the Genesis bankruptcy proceedings, which will benefit Earn Program customers directly. …

coinmarketcal.com

FAQs about Gemini to return more than $1.1B to Earn customers Coupon?

Will Gemini return $1.1 billion?

Cryptocurrency exchange Gemini and New York State Department of Financial Services (NYDFS) have reached a settlement that will see Gemini return at least $1.1 billion to customers of the Gemini Earn Program through the Genesis bankruptcy proceeding. ...

Will Gemini pay $37 million for failing to protect customers from GGC?

Magazine: Unstablecoins: Depegging, bank runs and other risks loom Gemini settled with New York’s financial services regulator to return $1.1 billion to Earn customers and pay $37 million for failing to protect its customers from GGC. ...

Why did Gemini pay a $37 million fine?

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 with the New York Department of Financial Services (NYDFS), the regulator said on Wednesday. ...

How many Gemini earn customers will get their money back?

Around 200,000 Gemini Earn customers will get their funds returned as part of a settlement reached with New York’s financial regulator. By Emma Roth, a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. ...

Why did Gemini pay $37 million to NYDFS?

The cryptocurrency exchange Gemini has promised to return $1.1 billion to customers as part of a settlement it reached with New York’s Department of Financial Services (NYDFS). Gemini will also have to pay $37 million to the NYDFS “for significant failures that threatened the safety and soundness of the company.” ...

Will Gemini pay a $37 million fine for a defunct lending program?

(Reuters) - 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 with the New York Department of Financial Services, the regulator said on Wednesday. ...