TLDR Crypto · MARKETS & BUSINESS

GEMINI EARN USERS RECEIVE $2.18B OF THEIR ASSETS

gemini.com2 min read

Summary from the TLDR Crypto newsletter

Gemini has returned $2.18 billion worth of digital assets to its Earn users, comprising ~97% of the assets owed, marking a 232% recovery since Genesis suspended withdrawals. Gemini has achieved an unprecedented recovery in crypto bankruptcies following its settlement with Genesis and other creditors, ensuring its users will eventually recoup all their assets along with any appreciation.