
Gemini has announced a significant update for its Earn users, revealing a settlement in principle with Genesis and other creditors in the Genesis Bankruptcy. If approved by the Bankruptcy Court, this settlement will allow Earn users to receive 100% of their digital assets back. This development is being hailed as a major victory for Gemini Earn customers, with the recovery process praised for its fairness in returning the digital assets 'in kind', meaning users will get back the exact cryptocurrencies they had, rather than the monetary value of those assets at the time of bankruptcy. The news has been met with positive reactions from the cryptocurrency community, highlighting the potential for a full recovery of crypto assets for affected users.
Potential Full #Crypto Asset Recovery for Gemini Earn Users Announced https://t.co/jT66awNmIM
Coin-for-Coin Payback — Gemini Announces Full Recovery of #Crypto Assets for Earn Users After Genesis Settlement https://t.co/jT66awNmIM
JUST IN: @GEMINI ANNOUNCES ALL EARN CUSTOMERS IN BANKRUPTCY WILL RECEIVE ALL CRYPTO BACK “IN KIND” - AS IN 1 $BTC = 1 $BTC
