Crypto broker Genesis Trading (Genesis) abruptly halted withdrawals on 16 November, despite its parent company, DCG Group, injecting $140m to try to bolster liquidity.
This in turn led to Gemini Earn (Gemini) suspending customer withdrawals. Gemini Earn is a product offering customers an annual return on their crypto deposits.
According to
Free Trial
Register for free to keep reading.
To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.
- Unlimited access to industry insights
- Stay on top of key rules and regulatory changes with our Rules Navigator
- Ad-free experience with no distractions
- Regular podcasts from trusted external experts
- Fresh compliance and regulatory content every day