Overview

• 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.