Cryptocurrency Q&A
What happened to Gemini?
What happened to Gemini?
Andrea
Wed Dec 25 2024
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7 answers
2019
I'm wondering about the fate of the Gemini project. I've heard about it in the past and I'm curious to know what became of it. Did it succeed? Was it discontinued? What exactly happened to Gemini?
7 answers
Riccardo
Fri Dec 27 2024
This repayment is a significant portion of the funds that were invested in the lending program.
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Elena
Fri Dec 27 2024
In addition to the repayment, Gemini will also pay a fine of $37 million to the NYDFS.
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BitcoinBaron
Fri Dec 27 2024
Gemini, a cryptocurrency exchange, has agreed to a settlement with the New York Department of Financial Services (NYDFS).
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Giuseppe
Fri Dec 27 2024
The fine is imposed for unsafe and unsound practices related to the lending program.
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Eleonora
Fri Dec 27 2024
The NYDFS, as the regulator, oversees the operations of financial institutions in New York State.
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