Gemini Earn Customers Outraged Over Potential 61% Crypto Payout Slashes

Cryptocurrency exchange Gemini stunned its lending program creditors last week by unveiling a proposed reorganization plan that could see their potential payouts cut nearly 40% below current market rates. The plan ties payout calculations to defunct crypto lender Genesis’ January 19, 2023 bankruptcy filing date, prompting accusations of deception and theft…