Gemini Pulled $282M Earn Users’ Funds From Genesis Last Year to Protect Customers
Gemini has responded to a New York Post article alleging that the Winklevoss twins withdrew $282 million from crypto lender Genesis last August.The exchange posted a response on X, describing the story as "misleading" and "pure fantasy."Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022