Gemini Terminates Its Crypto Yield Product, Amping Up Battle With Barry Silbert’s DCG

Crypto Exchange Gemini Down for Several Hours Due to 'Scheduled Maintenance'

Gemini ended the master loan agreement (MLA) between its customers and Genesis, Gemini told customers of its Gemini Earn in an email on Tuesday. “This officially terminates the Earn Program and requires Genesis to return all assets outstanding in the program,” according to Gemini’s email. “Existing redemption requests are not impacted and continue to await fulfillment by Genesis.”

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