Scam emails are making the rounds in the crypto community, falsely claiming that Gemini is filing for bankruptcy. These emails, coming from suspicious addresses, misleadingly state that a 2024 security breach compromised $1.2 billion in the exchange’s cold storage reserves. The fraudsters further claim that operational and regulatory challenges are forcing Gemini into bankruptcy protection. Crypto users are urged to stay vigilant and avoid clicking on any suspicious links or emails.
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Qadir AK