What is happening with Gemini Earn?
Apparently a deal has become reached!
Gemini posted on Linkedin:
“Gemini reached an agreement in principle with Genesis Global Capital, LLC (Genesis), @DCGco, and other creditors on a plan that provides a path for Earn users to recover their assets. This agreement was announced in Bankruptcy Court today.
This plan is a critical step forward towards a substantial recovery of assets for all Genesis creditors.
In addition, Gemini will be contributing up to $100 million more for Earn users as part of the plan, further demonstrating Gemini’s continued commitment to helping Earn users achieve a full recovery.
Learn more on the Earn status page: Gemini Earn Updates – Transparency Builds Trust | Gemini