Last year, Gemini reportedly claimed repeatedly that its the assets of customers using its interesting-bearing Earn product were safe because they were backed by the Federal Deposit Insurance Corp. It is against the law for a financial firm to imply that an uninsured product is FDIC-insured.
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January 30, 2023 at 07:56PM
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New York Regulator Investigating Crypto Exchange Gemini Over FDIC Claims: Report - CoinDesk
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