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New York Attorney General Secures $50 Million for Gemini Earn Investors

Settlement includes full recovery for over 230,000 defrauded investors and bans Gemini from crypto lending in New York.

  • Gemini Trust will repay $50 million to investors deceived by its Earn program.
  • More than 230,000 investors, including 29,000 New Yorkers, will receive full recovery in digital assets.
  • The settlement follows a previous $2 billion agreement with Genesis Global Capital.
  • Gemini is now banned from operating crypto lending programs in New York.
  • The funds will be accessible to investors within seven days.
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