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Seychelles EU Connection

Historical events of 1976 - the 70 years of our community in EU the future - Seychelles Archipelago derives its name from Louis XV of France Minister of Finance, Vicomte Jean Moreau des Séchelles - les Tyrel des Séchelles


Winklevoss crypto firm Gemini to return $1.1bn to customers

Seychelles EU Connection :: SIROP program 2007/8 Birth of Crypto Currency :: History

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Winklevoss crypto firm Gemini to return $1.1bn to customers Empty Winklevoss crypto firm Gemini to return $1.1bn to customers

Post  Sirop14 Thu Feb 29, 2024 5:21 pm

Winklevoss crypto firm Gemini to return $1.1bn to customers
Published
13 hours ago

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Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange at the Bitcoin 2021 Convention, Florida.
IMAGE SOURCE,GETTY IMAGES
Image caption,
Tyler Winklevoss and Cameron Winklevoss
By Peter Hoskins
Business reporter
Cryptocurrency exchange Gemini has agreed to return at least $1.1bn (£870m) to customers of its defunct lending programme as part of a settlement with the New York Department of Financial Services (NYDFS).

The company will also pay a $37m fine for "significant failures".

Gemini's Earn programme was halted during a crypto crash in November 2022.

The exchange was co-founded by twins Tyler and Cameron Winklevoss -
https://www.bbc.co.uk/news/business-68432478

Sirop14

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Join date : 2008-06-02

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