Gemini To Pay $37M Fine, Vows To Make Customers Whole

Gunnar Larson g at xny.io
Thu Feb 29 04:49:59 PST 2024


Gemini To Pay $37M Fine, Vows To Make Customers Whole
<https://www.law360.com/newyork/articles/1808027?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-02-29&read_main=1&nlsidx=0&nlaidx=3>

By Aislinn Keely

Crypto exchange Gemini Trust Co. has committed to making users of its
now-shuttered Earn product whole through the bankruptcy of its former
partner Genesis Global under a new settlement with a New York regulator
that included a $37 million fine for additional alleged compliance failures.

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<https://www.law360.com/newyork/articles/1808027?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-02-29&read_more=1&nlsidx=0&nlaidx=3>
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