Gemini to return at least $1.1 billion to Earn customers in settlement with NYDFS
Gemini said that 97% of THE assets should be restorable In two month And THE remaining active balance In THE following 12 month.
![Gemini to return to at least $1.1 billion to win settlement clients with NYDFS](https://images.cointelegraph.com/cdn-cgi/image/format =auto,onerror=redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2024-02/db45ef68-842d-428c-b27a-f6a86d70cb69.jpg)
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Collect This article as NFT Join We on social networksCryptocurrency exchange Gemini And New York State Department of Financial Services (NYDFS) to have reached A regulation that will see Gemini back has less $1.1 billion has clients of THE Gemini Earn Program through THE Genesis bankruptcy continue.
Gemini will Also pay A $37 million penalty For several compliance chess "that threat THE security And solidity of THE business," Superintendent Adrienne A. Harris of THE NYDFS explain In A Feb. 28 declaration.
NEW: Superintendent Adrienne A. Harris Secure Commitment Since Gemini Trust Business, SARL has Back has Less $1.1 Billion has Earn Program Customers
More Here: https://t.co/QHIxcTDTJD
![Gemini to return at least $1.1 billion to Earn customers in settlement with NYDFS](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDIvZGI0NWVmNjgtODQyZC00MjhjLWIyN2EtZjZhODZkNzBjYjY5LmpwZw==.jpg?#)
Gemini said that 97% of THE assets should be restorable In two month And THE remaining active balance In THE following 12 month.
![Gemini to return to at least $1.1 billion to win settlement clients with NYDFS](https://images.cointelegraph.com/cdn-cgi/image/format =auto,onerror=redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2024-02/db45ef68-842d-428c-b27a-f6a86d70cb69.jpg)
Own This piece of crypto history
Collect This article as NFT Join We on social networksCryptocurrency exchange Gemini And New York State Department of Financial Services (NYDFS) to have reached A regulation that will see Gemini back has less $1.1 billion has clients of THE Gemini Earn Program through THE Genesis bankruptcy continue.
Gemini will Also pay A $37 million penalty For several compliance chess "that threat THE security And solidity of THE business," Superintendent Adrienne A. Harris of THE NYDFS explain In A Feb. 28 declaration.
NEW: Superintendent Adrienne A. Harris Secure Commitment Since Gemini Trust Business, SARL has Back has Less $1.1 Billion has Earn Program Customers
More Here: https://t.co/QHIxcTDTJD
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