It’s been a choppy start to the new year for the crypto industry. This, as millions of customers are out of their entrusted money and thousands are out of a job as a waves of alleged fraud, market contractions, regulatory scrutiny and company downsizing continue...
February 28, 2024
The New York State Department of Financial Services (DFS) said Wednesday (Feb. 28) that Gemini Trust Company has agreed to return at least $1.1 billion to customers of its Gemini Earn Program. The decision comes in response to Gemini’s failure to conduct due diligence, the DFS said in a Wednesday press release. “Gemini failed to conduct due diligence on […]
