Hi there,
We are writing to let you know that Gemini — acting as agent on your behalf — has terminated the Master Loan Agreement (MLA) between you and Genesis Global Capital, LLC (Genesis), effective as of January 8, 2023.
What does this mean?
This officially terminates the Earn Program and requires Genesis to return all assets outstanding in the program. Existing redemption requests are not impacted and continue to await fulfillment by Genesis.
How does this impact me and my assets in Earn?
The termination of the MLA and the Earn program has no impact on Gemini’s ability to pursue a resolution for you to recover your assets.
Where can I view my Earn balances?
Your Earn balance will now appear in your “Pending balances” total, which is accessible from the Home screen.
The return of your assets remains our highest priority and we continue to operate with the utmost urgency. We invite you to follow our Earn Updates page, which we will update (at a minimum) on Tuesday and Friday of each week until a resolution has been reached.
Team Gemini
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