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HomeCrypto NewsFormer SEC Lawyer Says Agency Pushing to Be Crypto Regulator With Gemini/Genesis...

Former SEC Lawyer Says Agency Pushing to Be Crypto Regulator With Gemini/Genesis Suit

Gemini Earn customers loaned their crypto deposits to Genesis, which then lent them out in exchange for offering Gemini customers a high yield on their deposits. In November, however, Genesis froze withdrawals, leaving an estimated 340,000 Gemini Earn customers and $900 million in crypto up in the air.

www.coindesk.com

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