Gemini and Genesis forged a working relationship in 2021 for Gemini Earn, a high-yield-bearing offering serving hundreds of thousands of U.S. investors. For the “Earn” product, Gemini lent customers’ funds to Genesis, which, in turn, loaned that money out to other crypto firms.

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• Source: https://www.coindesk.com/business/2023/01/20/cameron-winklevoss-threatens-legal-action-against-dcg-ceo-after-genesis-bankruptcy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines