Gemini Agrees to Over $1 Billion Restoration in Settlement With New York Regulators
Submitted by Anonymous (not verified) on Thu, 02/29/2024 - 02:40
In an agreement with the New York Department of Financial Services (NYDFS), the Winklevoss-led cryptocurrency exchange Gemini has committed to returning over $1 billion to its customers. The settlement, which also includes a $37 million fine, comes as a significant development for the exchange amidst several ongoing legal challenges with big-name crypto firms and heightened […]