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Gemini: Final distribution of Earn user funds has arrived, and full equivalent assets in physical form have been returned

Gemini: Final distribution of Earn user funds has arrived, and full equivalent assets in physical form have been returned

Odaily2024/06/21 00:43
By:Odaily
Odaily News Crypto exchange Gemini Trust has released an update for Earn users on the X platform, with the final distribution of Earn products now in place, representing 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 the assets owed to them in kind, representing a 237% recovery in asset value (an increase of $1 billion in value) since Genesis suspended withdrawals. This process has officially concluded.
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