Gemini Earn users will get back $2.18 billion of their crypto in-kind, Winklevoss-owned exchange says

Gemini Earn users will receive over $2 billion of their cryptocurrency back in-kind, meaning they will receive the same amount of cryptocurrency they originally lent.

This represents a 232% recovery from when withdrawals were halted in November 2022.

Gemini launched the Earn program in 2021, allowing customers to loan their crypto to now-bankrupt Genesis Global Capital and earn up to 7.4% APY.

Gemini Earn customers can expect to receive the rest of their asset balance within the next year.

https://www.theblock.co/post/297229/gemini-earn-users-will-get-back-2-18-billion-of-their-crypto-in-kind-winklevoss-owned-exchange-says