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. source: https://cointelegraph.com/news/gemini-settlement-ira-financial-exploit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound