Last December, Daniel Zukich decided to put $10,000 into Gemini Dollars , the stablecoin operated by crypto exchange Gemini. Gemini Earn, the company’s lending program, offered Zukich a juicy return–of 8%–on his digital tokens.
On November 16, Gemini announced that the crypto lender it had partnered with for the Gemini Earn program–Genesis Global Capital–had halted customer withdrawals, leaving Now, Gemini insists it has no obligations to those investors it convinced to buy Gemini Dollars and lend them out through Genesis. Last evening, on December 15, Gemini emailed its customers to announce its updated terms and conditions, which seek to retroactively waive users’ rights to sue Gemini or participate in class action lawsuits. .
“I saw that email and I changed my mind about withdrawing funds. I was literally about to take it off,” says Sarah, who does not have any funds in Gemini’s non-Earn exchange, whose crypto deposits Gemini was seemingly referring to. . “They must have known something was going on, and they totally misled us by saying everything was fine,” she says.
TMGStockTips Crooks!!!!!
Lock em up
Winklevoss twins are scammers .. surprised? 😎
Isn't it bigger news when one of these crypto exchanges isn't a scam at this point?
Those 2 are scammers
No surprise at all.
The end of the Winlievi?
All time scammers, should be in jail
🤷♀️🤷♀️🤷♀️