Gemini Commits to Returning $1.1B to Customers in Settlement with NYDFS
Cryptocurrency exchange Gemini has agreed to return $1.1 billion to its users as part of a settlement with US regulators over allegations of misleading customers and violating rules. The agreement comes after an investigation by the New York Attorney General's office, which found that Gemini had engaged in misleading trading practices and failed to disclose certain fees to its customers.