Gemini.com Reviews & News: Investors Can Trace Their Lost Funds (Update Released)

InvestorWarnings.com has issued a new update on the Gemini.com case.

Trace Your Lost Funds Here:

https://www.investorwarnings.com/warnings/get-expert-assistance-on-your-case/

Regulatory Warnings Against Gemini.com

In January 2025, Gemini Trust Company, LLC agreed to pay a $5 million civil penalty and accept a permanent injunction as part of a consent order with the U.S. Commodity Futures Trading Commission (CFTC). The CFTC found that Gemini made "materially false or misleading statements or omissions" regarding proposed derivatives practices related to a bitcoin futures product in 2017. This settlement marked a clear regulatory rebuke and demonstrated that even well-known exchanges are subject to enforcement actions.

Philippine SEC Warning for Unregistered Derivatives Offering
In May 2023, the Philippine Securities and Exchange Commission (SEC) issued a public warning that Gemini was offering derivatives in the Philippines without proper authorization. The regulator stated that derivatives are treated as securities under Philippine law, and that Gemini's offering violated the Securities Regulation Code. The SEC advised the public to cease investing in Gemini's derivatives and flagged potential criminal liability for those marketing or distributing such products illegally.

Settlement with New York Regulator over "Earn" Lending Program
Gemini has also faced regulatory scrutiny in its home state of New York. In 2024, Gemini agreed to return at least $1.1 billion to customers and pay a $37 million fine as part of a settlement with the New York Department of Financial Services (NYDFS). The settlement addressed claims around its Earn program, a product that allowed users to lend their crypto assets in exchange for yield. NYDFS charged Gemini with unsafe practices, inadequate due diligence of its lending partner (Genesis), and failing to maintain appropriate reserves.

SEC Lawsuit Over Gemini Earn as Unregistered Securities
Beyond state-level enforcement, Gemini also drew attention from the U.S. SEC. In a high-profile case, the SEC sued Gemini (alongside Genesis) alleging that Gemini's Earn program amounts to an unregistered securities offering. The lawsuit asserts that users were effectively investing in securities (via the lending product) without the protections and disclosures required under U.S. securities laws.

Past CFTC Lawsuit Over 2017 Bitcoin Futures
Going further back, Gemini was sued by the CFTC over actions in 2017 concerning a proposed bitcoin futures product. The CFTC claimed that Gemini misrepresented or omitted facts in correspondence with regulators during the self-certification process for those futures. That legal dispute influenced the 2025 consent order described earlier.

Trace Your Lost Funds Here:

https://www.investorwarnings.com/warnings/get-expert-assistance-on-your-case/

Facts About Gemini.com

Founding & Business Model
Gemini is a cryptocurrency exchange and financial services company founded by Cameron and Tyler Winklevoss. It operates in the U.S. and internationally as a regulated platform (in various jurisdictions) offering crypto trading, custody, staking, and lending/borrowing features.

Regulatory & Legal Events
CFTC Charges & Settlement (2022 → 2025)
In June 2022, the U.S. Commodity Futures Trading Commission (CFTC) filed a complaint against Gemini Trust Company, alleging that Gemini made materially false or misleading statements and omissions in connection with its role in self-certification of a Bitcoin futures product in 2017. In January 2025, Gemini agreed to settle with the CFTC, paying a $5 million civil penalty and agreeing to a permanent injunction. Under the consent order, Gemini did not admit or deny liability.

"Earn" Program / NYDFS Settlement
Gemini faced regulatory scrutiny over its Earn lending program, which allowed users to earn interest by lending crypto assets. In 2024, Gemini agreed to return at least $1.1 billion to users and pay a $37 million fine following a settlement with the New York Department of Financial Services (NYDFS), concerning unsafe practices and insufficient oversight tied to its partner Genesis.

SEC Allegations
Gemini's Earn program was also scrutinized by the U.S. Securities and Exchange Commission (SEC). The SEC has alleged that the program functioned as an unregistered securities offering. (This is noted in Gemini's Wikipedia article and public media coverage).

Operational & Technical Facts
Service Disruptions & Infrastructure Stress
Throughout its history, Gemini has experienced system outages or performance issues during periods of high trading volume. For instance, on November 28, 2017, both Gemini and Coinbase encountered "504 gateway time-out" errors during extreme market volatility.

International Expansion & Licensing Moves
Gemini has expanded in Europe, obtaining regulatory registration in France and, as of August 2025, secured a MiCA (Markets in Crypto-Assets) license from the Malta Financial Services Authority (MFSA), which allows it to operate across the 27 EU member states under that regime.

Genesis / Bankruptcy & Loss Exposure
Gemini's operations have been intertwined with Genesis Global Capital, a now-bankrupt crypto lending/borrowing firm. Gemini's users had exposure via the Earn program. The Genesis bankruptcy and liability reshuffling forced Gemini into refund obligations and regulatory scrutiny.

Regulation & Oversight Disclosure
Gemini often emphasizes that it operates under regulatory oversight in multiple jurisdictions, and markets itself as a "compliance-first" exchange. Still, it remains subject to enforcement and legal risks, as seen in the CFTC and NYDFS actions.

Trace Your Lost Funds Here:

https://www.investorwarnings.com/warnings/get-expert-assistance-on-your-case/

Things To Consider When Investing Online

Investing online has become easier than ever with digital platforms offering access to stocks, cryptocurrencies, bonds, and even real estate at the click of a button. While this convenience brings opportunities, it also comes with risks that demand careful consideration.

The first step is to verify the legitimacy of any platform by checking whether it is licensed and regulated by recognized authorities such as the SEC in the United States, the FCA in the United Kingdom, or SEBI in India. Many fraudulent websites look professional but conceal ownership and regulatory details, which should be treated as warning signs. Investors must also understand that every asset class carries inherent risks-stocks can fluctuate with market trends, cryptocurrencies are extremely volatile, and newer products such as crowdfunding ventures may lack stability.

Any claim of guaranteed or risk-free returns is a red flag. Doing independent research is essential, including checking third-party reviews, user feedback, and reliable media coverage, especially when complaints about blocked withdrawals, hidden fees, or poor support emerge. Since online investing requires sharing sensitive data, security measures such as HTTPS encryption, two-factor authentication, secure payment methods, and clear privacy policies should be non-negotiable. Investors should also pay attention to fees, as profits can easily be eroded by hidden charges like withdrawal penalties or high spreads.

A smart approach is to start small by testing deposits and withdrawals before committing larger sums, and to diversify investments across multiple assets or platforms to reduce risk. Evaluating customer support is equally important, as reliable platforms provide accessible and responsive service, while vague or unhelpful responses often signal trouble. In addition, investors should stay alert to red flags such as aggressive sales tactics, limited-time offers, fake testimonials, or platforms that only accept cryptocurrency payments.

Finally, because the online investment landscape changes quickly with new tools like blockchain and AI-driven trading, continuous learning through financial news, regulator alerts, and educational resources is crucial. By combining vigilance with informed decision-making, investors can take advantage of online opportunities while protecting themselves from fraud and unnecessary losses.

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InvestorWarnings.com is a leading platform that exposes fraudulent investment schemes in the cryptocurrency, forex, and financial sectors. Their mission is to educate consumers, assist victims of fraud, and prevent further financial schemes through awareness and expert guidance.

This release was published on openPR.