Category: Gemini
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Gemini Eyes Public Debut—Backed By Billionaire Winklevoss Twins
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GIMII explores, exchange of the famous cryptocurrency run by Winklevoss Twins, a potential primary general offer. According to multiple sources, including BloombergThe goalkeeper and the pioneering exchange of encryption meet in the potential public list. Currently, no information about reporting is shared Public subscription plansThere is no official confirmation from…
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Singapore Grants Gemini Crypto Expansion Wish
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US cryptocurrency exchange is set to go on Entering the Singaporean market It also strengthened its presence in Asia. Singaporean regulatory authorities have given the go-ahead for cryptocurrency platform Gemini to offer its services to its clients in the Southeast Asian country. A new option for exchanging cryptocurrencies A new…
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Gemini Exchange To Shut Down Canadian Accounts, Users Given 90-Day To Withdraw Funds
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Photo: econotimes.com The cryptocurrency scene in Canada has seen its ups and downs, as major players like Gemini, OKX, dYdX, Paxos, Bybit, and Binance bid farewell to the market. These companies are leaving because the Canadian Securities Administrators (CSA) have tightened the rules for cryptocurrency trading platforms making it difficult…
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Gemini Exchange To Shut Down Canadian Accounts, Users Given 90-Day To Withdraw Funds
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Photo: econotimes.com The cryptocurrency scene in Canada has seen its ups and downs, as major players like Gemini, OKX, dYdX, Paxos, Bybit, and Binance bid farewell to the market. These companies are leaving because the Canadian Securities Administrators (CSA) have tightened the rules for cryptocurrency trading platforms making it difficult…
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Will the ETH Price Surge Following ETFs Launch? Gemini Outlines the Possibilities
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Investors are eagerly awaiting the launch of Ethereum ETFs this month, but reports of delays seem to have rattled investors. Once Ethereum ETFs land, these new products are expected to attract net inflows of $3 billion to $5 billion within the first six months of trading, according to a recent…
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Gemini Agrees To $50 Million Settlement With New York AG
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The New York State Attorney General’s Office has obtained a nearly $50 million settlement with cryptocurrency exchange Gemini Trust Company, LLC (Gemini). This represents the latest development in a high-stakes lawsuit involving New York AG, Gemini, its former business partner Genesis Global Capital, and several other defendants. Gemini has been…
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Gemini to pay $50 million to defrauded investors
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Gemini will make this payment as settlement of the New York cryptocurrency fraud claim. Gemini is also prohibited from operating lending programs in New York. Letitia James, Attorney General of New York Announce Her office has successfully received $50 million from cryptocurrency platform Gemini. These funds will be used to…
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Gemini to pay $50 million to defrauded investors
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Gemini will make this payment as settlement of the New York cryptocurrency fraud claim. Gemini is also prohibited from operating lending programs in New York. Letitia James, Attorney General of New York Announce Her office has successfully received $50 million from cryptocurrency platform Gemini. These funds will be used to…
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Gemini to repay Earn customers $2.18 billion
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Gemini Earn users will receive three times the value of assets locked in the disaster lending product with FTX and Genesis. On Wednesday, cryptocurrency exchange Gemini Announce It plans to repay creditors $2.18 billion worth of cryptocurrencies. The in-kind payment represents a 232% recovery for Earn users who were previously…
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Gemini Earn Recovers 97% Of Customers’ Lost Crypto
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Gemini’s bankrupt cryptocurrency lending arm has recovered nearly all of its clients’ digital assets, marking one of the industry’s most successful recoveries from insolvency to date. The cryptocurrency exchange, founded by billionaire entrepreneurs Cameron and Tyler Winklevoss, announced on Wednesday that Gemini Earn customers “received $2.18 billion of their digital…
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Gemini Returns $2.2B to Crypto Lending Program Users Following 18-Month Suspension: Report
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Cryptocurrency exchange Gemini, owned by the Winklevoss twins, has returned $2.2 billion to users of its EARN program after halting withdrawals 18 months ago, CNBC reported. The move follows a major settlement between the New York Attorney General and Gemini’s lending partner, Genesis. Cryptocurrency Lending Users Recover Money With the…
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Gemini customers get back over $2 billion in crypto from Genesis bankruptcy By Reuters
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Written by Dietrich Knuth NEW YORK (Reuters) – Bankrupt cryptocurrency bank Genesis and cryptocurrency exchange Gemini have returned more than $2 billion in cryptocurrencies to 232,000 retail customers in their jointly managed Gemini Earn program, giving customers a 242% return on assets locked since January 2023, they said. Gemini reported…