GEMINI SAYS IN CONVERSATIONS WITH GENESIS, DIGITAL CURRENCY GROUP (DCG), CEO OF DCG TO FIND RESOLUTION FOR ALL GEMINI EARN USERS TO REDEEM THEIR FUNDS - BLOG #News#Markets#capitalhungry
Kirkland & Ellis has been engaged as counsel by the Creditor Committee to advocate on its behalf.
Returning your funds is our highest priority and we are operating with the utmost urgency.
@cameron If anyone can fix @Gemini Earn redemptions @cameron and @tyler can. Assuming your funds are involved also, we are all hoping for the best outcome.
1/ What happens to Gemini Earn clients?
I believe there is a credible path to full recovery.
However, Earn clients may face a choice: accept immediate liquidity in the near-term in exchange for a discount, or wait a long-time for full recovery.
Looks like Gemini "Earn" is back in business. The "Earn" port is viewable on the main port page but it still doesn't have a dedicated tab.
Attempting a test deposit and redemption to see if it's liquid. If so, very bullish. Could hint at Genesis being solvent...