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Deceptive Practices and Financial Risk at Gemini
The chapter delves into the deliberate deception by Gemini in promoting an under-collateralized and risky lender to customers, jeopardizing billions of dollars. It discusses the financial risk profile of Genesis and the Winklevoss twins' deceptive practices, leading to potential significant losses for Gemini customers. The narrative emphasizes the unresolved plight of Gemini Earn customers amidst bankruptcy proceedings and criticisms of the twins' irresponsible stewardship of the crypto ecosystem.