Gemini Earn users will receive $2.18 billion in digital assets through distributions, Gemini said Tuesday.

The multi-billion dollar figure is based on the current crypto prices because distributions will be in-kind (meaning that they won’t be converted to fiat). Gemini noted in its press release that it’s “$1 billion more than when Genesis halted withdrawals in November 2022.” 

Back in November 2022, the crypto — from around 232,000 users — was worth $940 million. 

The figure is also higher than previously thought. Back in February, the New York Department of Financial Services announced a settlement with Gemini. The regulator stated that the firm would return “at least…

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