Arbitrator clears Gemini in Earn program dispute

An arbitrator ruled that Gemini Space Station did not mislead users regarding its Earn lending program. The decision rejects claims that the exchange was at fault for the program's collapse. The Earn program allowed users to lend their cryptocurrency assets to third-party borrowers in exchange for interest. The program faced significant issues following the broader market downturn and the subsequent liquidity crisis at Genesis Global Capital. Market participants are monitoring further legal developments regarding the remaining claims against Genesis and related entities.