Gemini Earn Class Action | FAQ

 

Where can I read the complaint? 

You can access the full complaint filed by Kim & Serritella LLP here

 

Who is included in the class? 

The Class includes customers who invested in the Gemini Earn program from February 2, 2021, through December 27, 2022 and are currently unable to redeem their crypto assets from Gemini.   

 

Do I need to “join” the class action? 

If you are a Gemini Earn investor who is currently unable to redeem your crypto assets from the program, at this time you are a member of the proposed class and you do not need to take any action to remain a member of the proposed class.  If and when the court certifies a class, you will be notified and have the opportunity to opt-out of participation. 

If you have any questions as a class member or if you want to contribute information to the case, you are welcome and encouraged to contact us by filling out this contact formContacting us is completely optional and does not affect your rights to any reward obtained through the class action. 

Be wary of lawyers who imply that you are obligated to pay fees, sign engagement agreements, or take extra registration steps to become part of or “join” a class. 

 

What if I’m interested in being a Lead Plaintiff? 

If you have significant losses and are interested in serving as a representative of the Class, please contact crypto@kandslaw.com 

Please note that lead plaintiff motion papers must be filed with the U.S. District Court for the Southern District of New York by no later than February 27, 2023. 

 

Can I opt out of the class action? 

If and when the court certifies the class, you will have the opportunity to opt-out of participation.  

 

Where can I read more about the Class Action and Gemini Earn? 

You can follow us on Twitter or check back periodically for updates to kandslaw.com/crypto/gemini-earn-class-action. 

 

Why am I seeing advertisements from other law firms about the Gemini Earn class action? 

Unfortunately, not all lawyers act in the best interests of the people they claim to represent.  In the class action space in particular, there are plaintiff-side lawyers who attempt to take over cases for which they have done no work.  Many of these lawyers are even willing to engage in unethical and deceptive practices in hopes of accomplishing their self-interested goals. 

If you see an advertisement from another law firm discussing the Gemini Earn class action, we ask you to exercise caution before submitting your personal information.  Make sure you read carefully; by clicking submit you may be committing to certain obligations without even realizing it.  Many of these advertisements are intended to mislead investors into believing that they have to take affirmative steps to be part of the proposed class, which is inaccurate.  In addition, the law firms responsible for these advertisements are attempting to mislead investors into believing that they have filed a class action against Gemini, which is also inaccurate.  We filed our lawsuit on December 27, 2022 in the U.S. District Court for the Southern District of New York (Picha, et al. v. Gemini Trust Company, LLC et al., No. 22-cv-10922) and the complaint is available to read here. 

 

To learn more about how class actions work, read our general Class Action FAQ. 

 

Other links: 

If you would like to discuss the Action, your potential claims or have any questions regarding this notice, please contact Kim & Serritella LLP, confidentially and free of charge, through our Gemini Earn Customer Contact Form, or reach us at (212) 931-8135 or via email at  crypto@kandslaw.com.

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