5min chapter

The Defiant - DeFi Podcast cover image

FTX Fallout's Ugliest Turn Yet

The Defiant - DeFi Podcast

CHAPTER

FTX Fallout - Is There a Winner?

Gemini had an earned program that allowed you to essentially deposit your crypto assets and then get like a nice yield on them. But with Genesis lending halting withdrawals, Gemini earn had to essentially pause its operations. And so it's like, you know, each time somebody goes under everything is kind of just connected such that,. you know, you look around and you're like, okay, well, who's next? So, yeah, and then this other C5 lender is also in trouble.

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