The Earn Lending Debacle: A Cautionary Tale for Crypto Regulation The recent ruling in favor of Gemini has left many wondering what went wrong with its Earn lending program.
On the surface, it's a victory for Gemini – but scratch beneath and you'll find a tangled web of deceit, incompetence, and regulatory failures.
At its core, the issue revolves around Genesis Global Capital, Gemini's main lending partner.