Gemini Customers Recover Over $2 Billion in Crypto from Genesis Bankruptcy
Bankrupt crypto lender Genesis and crypto exchange Gemini have successfully returned over $2 billion in cryptocurrency to 232,000 retail customers of their jointly managed Gemini Earn program. This repayment provides customers a 242% return on assets that had been locked up since January 2023, Gemini announced on Wednesday. Unlike other crypto companies that went bankrupt…