isn't "in kind" a good thing here? As in, not trying to do some BS where they give the value of the assets from a certain date when Bitcoin was worth $17k?
Misleading headline. Here's what Gemini has promised:
“all Earn users receiving 100% of their digital assets back in kind.”
The only party getting cash is NYDFS. Everybody else gets bits. And it's staggered over a period of months. Are those "digital assets" easily convertible to cash? What other roadblocks should victims know about?
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[ 3.2 ms ] story [ 34.0 ms ] threadhttps://news.ycombinator.com/item?id=39545797
“all Earn users receiving 100% of their digital assets back in kind.”
The only party getting cash is NYDFS. Everybody else gets bits. And it's staggered over a period of months. Are those "digital assets" easily convertible to cash? What other roadblocks should victims know about?