Investors sued Gemini for offering interest-earning crypto through its Gemini Earn program, which was abruptly halted when its borrower Genesis Trading faced financial distress, court filings show. By iamsandali
, which functioned as Gemini's borrower. Genesis is owned by Digital Currency Group, which is also the parent of CoinDesk."When Genesis encountered financial distress as a result of a series of collapses in the crypto market in 2022, including FTX Trading Ltd.
Crypto firms that suffered financial distress following the market downturn and collapse of high profile enterprises like FTX and Terraform Labs from earlier this year are
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