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New York Recovers $50 Million From Gemini — Bans the Exchange From Crypto Lending in the State

Started by Bitcoin, Jun 16, 2024, 07:03 am

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New York Recovers $50 Million From Gemini -- Bans the Exchange From Crypto Lending in the State

New York Recovers $50 Million From Gemini -- Bans the Exchange From Crypto Lending in the StateNew York Attorney General Letitia James has secured a $50 million settlement from cryptocurrency exchange Gemini for Earn program investors. This settlement ensures that all defrauded investors will fully recover the assets they invested but were unable to withdraw when the program collapsed. Additionally, Gemini is now banned from operating any crypto lending program in […]

Source: New York Recovers $50 Million From Gemini -- Bans the Exchange From Crypto Lending in the State