New York recovers $50 million from Gemini for defrauded investors
New York Attorney General Letitia James has recovered $50 million from Gemini Trust, with this being money defrauded from Gemini Earn users. The recovered money will be used to repay…
Gemini Earn users get $2.18 billion in crypto, representing 232% recovery
Gemini Earn users get $2.18 billion in digital assets back, which represents a 232% recovery. Users will receive 100% of their crypto back, with the initial distribution representing 97% of…
Genesis agrees to $21M SEC settlement over Gemini Earn
Genesis settles $21M SEC penalty, permanent injunction for Gemini Earn violations. SEC Chair Gensler emphasizes crypto compliance with securities laws. Genesis authorized to sell $1.6B GBTC assets. Genesis Global Capital…
Gemini secures crypto registration in France
Crypto exchange Gemini is now registered as a cryptocurrency services provider in France. The exchange will offer its services and products to customers in France in coming weeks. Coinbase also…
New York AG sues Gemini and Genesis for alleged $1 billion fraud
The New York Attorney General Letitia James filed the lawsuit against Gemini, Genesis and DCG on Thursday. It’s alleged the crypto firms lied to investors and concealed losses of over…
Gemini to halt services in the Netherlands due to regulatory challenges
Regulatory compliance issues have forced Gemini to suspend Dutch operations. Gemini is a New York-based cryptocurrency exchange. Gemini’s decision follows a similar move by Binance, which also ceased its activities…
Crypto exchange Gemini to invest $24 million in India hub
Gemini has revealed plans to invest $24 million in its technology and crypto hub in India. The crypto exchange is hiring more in compliance, software engineering and support to add…
Gemini lists XRP, opens token deposits
At press time XRP token was trading at $0.6294, down 3.97% in 24 hours. Only XRP deposits were possible at the time of writing. The exchange has promised to open…
Gemini allows crypto withdrawals for Voyager customers
Voyager customers can create an account on Gemini to receive their cryptocurrencies. The crypto exchange will however only allow supported tokens, and users may lose unsupported assets sent to Gemini…
US SEC has filed charges against Gemini and Genesis
The US SEC is accusing Gemini and Genesis of selling unregistered securities. Genesis and Gemini did not register their partnership as a lending partnership. Genesis has been having liquidity issues…