Gemini Earn unable to meet customer redemptions as Genesis unit pauses withdrawals

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Gemini Earn unable to meet customer redemptions as Genesis unit pauses withdrawals
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Gemini announced that its Earn program will be unable to meet customer redemptions in the service-level agreement's time frame of 5 days.

Gemini announced that its Earn program will be unable to meet customer redemptions in the service-level agreement’s time frame of 5 days.Crypto exchange Gemini said its Earn program"will not be able to meet customer redemptions within the service-level agreement of five business days" following the announcement that lending partner Genesis Global Capital has paused withdrawals.

Gemini stressed that its other products and services are unaffected and that it is a full-reserve exchange and custodian. © 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.By signing-up you agree to our

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