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This isn't really correct, especially in New York which has strong consumer protection for crypto.
by wmf 3y ago
This isn't really correct, especially in New York which has strong consumer protection for crypto.
- ceejayoz 3y agoHow many exchanges place their assets and management staff within NY's reach? Good luck getting Changpeng Zhao to show up and fork over his holdings.
- SilasX 3y agoGemini, the subject of this story, for one.
- ceejayoz 3y agoThat's one, and it collapsed. Ask its victims how useful NY's protections have been there thus far.
- faraggi 3y agoGemini didn't collapse. the title of this article is clickvair and it purposefully confuses Gemini with Genesis which isn't the winkelvii exchange.
- SilasX 3y agoAre you thinking of Genesis? I was talking about Gemini, the exchange owned by the Winklevoss twins. It has not collapsed. (Disclosure: I am an active user.) Genesis's lending operations are what collapsed.