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I agree it's not written well. They are talking about Gemini, the crypto exchange the twins ran. They withdrew funds from Gemini before Gemini collasped.
by pests 3y ago
I agree it's not written well.
They are talking about Gemini, the crypto exchange the twins ran. They withdrew funds from Gemini before Gemini collasped.
- wslh 3y agoDon't confuse Gemini (their exchange) with Genesis, the bankrupt company from DCG.
- faraggi 3y agoGemini didn't collapse, Genesis did. The article is very clickbaity.
- proee 3y agoThey withdrew funds from Genesis, not Gemini. AFAIK, Gemini has not collapsed.
- thebradbain 3y agoGemini did not collapse though. Genesis, a lending company that Gemini held deposits customers who opted into their “Earn” program, collapsed. Gemini the actual NYC-compliant exchange is still solvent (and afaik still compliant)