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How long before Gemini does the same? As far as I'm aware, they funneled all of their customers' funds directly to Genesis.
by Hamuko 4y ago
How long before Gemini does the same? As far as I'm aware, they funneled all of their customers' funds directly to Genesis.
- cdiddy2 4y agoonly their earn product customers
- BLKNSLVR 4y agoAs far as I'm aware, the service offered by Gemini that used Genesis was a difficult separate service to their exchange. Gemini customers put their own money into the 'earn' program, and if it was anything like Celsius, there's a different set of Customer Agreements for different services. Ie. Gemini didn't 'funnel' any funds, customers' choose whether their funds were put. I doubt Gemini has anything at risk beyond reputational damage, but they have to make a fight on behalf of their customers to mitigate the reputational damage.