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This wasn't "mouseprint", this was huge bolded terms at the top of the TOS, and the site [1] made it clear you're earning interest, from borrowers, and it named
by SamReidHughes 4y ago
This wasn't "mouseprint", this was huge bolded terms at the top of the TOS, and the site [1] made it clear you're earning interest, from borrowers, and it named the borrower, Genesis, on that page.
[1] https://web.archive.org/web/20220129130304/https://www.gemini.com/earn https://web.archive.org/web/20220129130304/https://www.gemin...
It even informs you, "Gemini Earn customers (the lenders) always assume some level of risk when they decide to lend their funds." Duh.
What kind of person participates in a novel lending opportunity in the magical internet money space without assuming risk of loss?