Gemini earn btc1/17/2024 ![]() Instead, the hasty publication of a potentially biased story reflects poorly on the tabloid’s dedication to its readership. Gemini has emphasized their commitment to transparent communication and pointed out that the Post could have avoided this mistake if they had sought clarification directly from the source. Read More: Gemini Alleges DCG’s Recovery Plan is Misleading Are Creditors at Risk? The company has singled out Barry Silbert and DCG as the driving force behind this distorted narrative, especially considering Silbert’s ongoing legal issues. They believe that their decision to protect substantial user funds has been presented without context, possibly implying an attempt to manipulate public opinion. Gemini has expressed concerns about how this protective measure has been portrayed. ![]() In hindsight, this decision unquestionably shielded Gemini Earn users from potential financial setbacks amounting to millions, according to the company. This decision ensured that users’ funds within the Earn program were less exposed, particularly when Genesis suspended redemptions later that year. These funds had been withdrawn from Genesis, another entity associated with the cryptocurrency market, to bolster a safeguard known as a “liquidity reserve.”ĭuring the turbulent market conditions of 2022, Gemini made a strategic move to bolster this liquidity reserve. Gemini has clarified that this sum actually belonged to users of the Earn program. The $282 million that was withdrawn from Genesis in August 2022 was in fact Earn…- GeminiTrustCo SeptemGemini Clarifies Everything the Post alleges in its story is the exact opposite. Gemini’s cryptocurrency platform allows you to trade and store more than 80 coins but only offers two cryptos for staking: ethereum and. We are disappointed that the has chosen to recklessly publish a completely misleading story about the Gemini Earn program. Gemini was launched by the Winklevoss twins in 2014.
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