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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 State

New York Attorney General Letitia James has secured a $50 million settlement from cryptocurrency exchange Gemini for Earn program investors. This s...
Jun, 15, 2024
by Bitcoin News
Gemini Earn Customers Receive Full Crypto Redemption, Over $2B To Be Distributed

Gemini Earn Customers Receive Full Crypto Redemption, Over $2B To Be Distributed

In a significant development for customers affected by Gemini’s paused crypto lending program, the crypto exchange has announced the return of $2.1...
May, 29, 2024
2 min read
by Bitcoinist
Genesis Faces $21 Million Penalty As SEC Charges Are Settled

Genesis Faces $21 Million Penalty As SEC Charges Are Settled

Crypto lender Genesis Global, has agreed to a final judgment imposing a $21 million civil penalty and a permanent injunction as part of a settlemen...
Mar, 19, 2024
2 min read
by Bitcoinist
Coin-for-Coin Payback — Gemini Announces Full Recovery of Crypto Assets for Earn Users After Genesis Settlement

Coin-for-Coin Payback — Gemini Announces Full Recovery of Crypto Assets for Earn Users After Genesis Settlement

Gemini has reached a settlement with Genesis and other creditors within the Genesis bankruptcy proceedings, promising a full in-kind return of digi...
Mar, 01, 2024
by Bitcoin News
Gemini To Return Over $1.8B To Earn Customers In Regulatory Settlement

Gemini To Return Over $1.8B To Earn Customers In Regulatory Settlement

On Wednesday, crypto exchange Gemini announced that it had agreed with the New York State Department Of Financial Services (NYDFS) to return over $...
Mar, 01, 2024
3 min read
by Bitcoinist
Dark Twist In Digital Currency Group Case: NYAG Pursues $3 Billion Restitution

Dark Twist In Digital Currency Group Case: NYAG Pursues $3 Billion Restitution

New York Attorney General Letitia James has expanded the state’s lawsuit against Digital Currency Group (DCG) and tripled the estimated size of all...
Feb, 10, 2024
2 min read
by Bitcoinist
Gemini And Genesis File Motion To Dismiss SEC Lawsuit Over Defunct Earn Offering

Gemini And Genesis File Motion To Dismiss SEC Lawsuit Over Defunct Earn Offering

Gemini, in collaboration with Genesis Global Capital, introduced Earn, an innovative service that enables users to earn interest on their cryptocur...
May, 28, 2023
2 min read
by Bitcoinist
DCG Fails to Make $630M Payment to Creditors Amid Genesis Negotiations, Says Gemini

DCG Fails to Make $630M Payment to Creditors Amid Genesis Negotiations, Says Gemini

In the midst of the financial dispute between crypto exchange Gemini and Digital Currency Group (DCG), Gemini has alleged that DCG failed to make a...
May, 23, 2023
2 min read
by Bitcoin News

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