Winklevoss-founded Gemini Exchange to Repay Over $1 Billion to Customers After NY Settlement
Gemini, the cryptocurrency exchange co-founded by Cameron and Tyler Winklevoss, has reached an agreement with New York state regulators to settle allegations of offering unregistered securities. As part of the settlement, Gemini will reportedly return over $1 billion to customers who participated in its Earn program, which allowed users to lend their crypto holdings in exchange for interest. Additionally, Gemini will pay a $37 million fine to […]
