From a regulatory compliance standpoint, I’ve found Gemini to be more trustworthy. In the end, it comes down to who you trust better. The SEC’s complaint alleges that the Gemini Earn program constitutes an offer and sale of securities under applicable law and should have been registered with the Commission. As of today, the Gemini Earn retail investors have still not been able to withdraw their crypto assets. (v) Celsius may lend your coins to exchanges, hedge and other counterparties, which may provide full or partial collateral for any coin or fiat loan. Gemini terminated the Gemini Earn program earlier this month. We continued our efforts this week and we are optimistic. While such borrowing are for the purpose of optimizing the returns to all members, Celsius may experience losses or partial recovery of such collateral in certain situations and Gemini is committed to returning as much value as possible and as quickly as possible to Earn users. (iv) Celsius may use your Eligible Digital Assets as collateral to borrow other digital or fiat assets in different jurisdictions around the world. In that event, you authorize Celsius to use Eligible Digital Assets to absorb the losses (iii) Celsius borrowers may default partially or entirely, which can result in partial or total loss of your Digital Assets. (ii) Celsius may receive compensation in connection with lending or otherwise using Digital Assets in its business to which you have no claim or entitlement They state in the terms that it can take up to 5 days to process redemptions, but especially if it's not crazy amounts it should be redeemed relatively quickly (between a few mins/hrs or maybe a day from feedback I've heard). (i) You may not be able to exercise certain rights of ownership From my understanding Gemini has a hot wallet to process earn redemptions quicker, but can't confirm that. Here are some highlights when you earn interest on your assets: JanuGemini co-founder Cameron Winklevoss on Friday said the firm will continue with its decision to take legal action against Digital Currency Group, founder Barry Silbert, and others accountable for Gemini’s harm. I’d suggest that your read their terms of use. Celsius’s lending partners MAY provide full or partial collateral.
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