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Gemini Pulled $282M Earn Users' Funds From Genesis Last Year to Protect Customers

Posted on 09/29/2023

Gemini Pulled $282M Earn Users' Funds From Genesis Last Year to Protect Customers

Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stablecoin.

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