May 7, 2025

Gemini and IRA Financial Trust Settle Lawsuit Over $36M Crypto Theft

1 min read

Crypto exchange Gemini and IRA Financial Trust have reached an agreement to settle a legal dispute following a 2022 cyberattack. IRA Financial Trust claimed substantial financial losses of $36 million in customer assets due to Gemini’s security breach. According to the lawsuit, IRA criticized Gemini’s security measures, particularly the design of its API. Gemini and The post Gemini and IRA Financial Trust Settle Lawsuit Over $36M Crypto Theft appeared first on COINOTAG NEWS .

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Source: CoinOtag

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