Loading...
Market
Investor confidence in Gemini post-asset return completion
4
Resolution / Starting Odds
Significantly increased confidence • 33%
Decreased confidence • 33%
No change in confidence • 34%
Investor surveys and market analysis
Story
Gemini Returns $2.18 Billion in Crypto to Earn Users at 232%
May 29, 2024, 02:17 PM
Gemini, the cryptocurrency exchange owned by the Winklevoss twins, announced that it has returned $2.18 billion in digital assets to users of its Earn program in-kind. This represents approximately 97% of the digital assets owed to Earn users as of the suspension date, November 16, 2022. The recovery rate is 232% of the original value of the crypto assets when withdrawals were halted. The return follows a settlement in principle with Genesis and other creditors in the Genesis bankruptcy. Users are expected to receive the remaining asset balances within the next year.
View original story
Similar markets
High satisfaction • 33%
Moderate satisfaction • 33%
Low satisfaction • 33%
Significantly Positive • 25%
Slightly Positive • 25%
Neutral • 25%
Negative • 25%
Very Positive • 30%
Moderately Positive • 30%
Neutral • 20%
Negative • 20%
Less than 25% • 33%
25% to 50% • 33%
More than 50% • 33%
Increased confidence • 33%
Confidence remains the same • 33%
Decreased confidence • 33%
Significantly Lower Confidence • 25%
Slightly Lower Confidence • 25%
No Change in Confidence • 25%
Increase in Confidence • 25%
Approval • 30%
Investigation • 35%
No Action • 35%
Increase in Investment • 25%
Decrease in Investment • 25%
No Significant Change • 25%
Volatility • 25%
Less than 100% • 33%
100% to 200% • 33%
More than 200% • 33%
Increase by more than 5% • 33%
Remain within ±5% • 33%
Decrease by more than 5% • 33%
Confidence increases • 33%
Confidence remains the same • 33%
Confidence decreases • 34%