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19 Jul
Digital Currencies

Gemini reaches settlement with IRA Financial Trust over $36M exploit

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Gemini reaches settlement with IRA Financial Trust over $36M exploit

Gemini reaches settlement with IRA Financial Trust over $36M exploit

Gemini reaches settlement with IRA Financial Trust over $36M exploit

The lawsuit, initially filed by IRA in June 2022, alleged that Gemini misrepresented its security protections, resulting in an exploit that removed $36 million in crypto.