#Alert🔴 #InvestorFocused
The cryptocurrency exchange Gemini has been banned from crypto lending in New York and has agreed to a $50 million settlement. The New York Attorney General's office accused Gemini of defrauding over 230,000 customers, including 29,000 New Yorkers, through its "Gemini Earn" program. The settlement funds are intended to repay affected customers, with refunds automatically processed to their accounts.
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