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Gemini: The final distribution of Earned User Funds has arrived, and the full equivalent assets in physical form have been returned

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2024-06-21 08:27:09
Crypto exchange Gemini Trust has released an update for Earn users on the X platform. The final distribution of funds for Earn products has now arrived. This batch of funds represents approximately 3% of the remaining digital assets owed to Earn users by Genesis as of the suspension date (November 16, 2022). With this final distribution, Earn users will receive 100% of their assets owed to them in physical form, representing a recovery of up to 237% of the asset value (an increase of $1 billion in value) since Genesis suspended withdrawals. This process has officially ended.
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