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Retrieved on: 2024-02-29 18:11:58
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Summary
The article discusses Gemini Trust's commitment to reimburse $1.1 billion to users affected by Genesis Global Capital's bankruptcy, amidst allegations of inadequate due diligence and reserve maintenance, which implicated them in cryptocurrency scams associated with the wider Bitcoin and cryptocurrency market volatility.
Article found on: www.bankingdive.com
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