Gemini, a crypto exchange, has started allowing withdrawals for victims of the Voyager bankruptcy case. This comes as a relief for those affected by the case who have been eagerly waiting for withdrawals to reopen. Gemini itself has faced difficulties, experiencing the impact of the collapse of FTX and having to halt redemptions in November. The exchange emphasized that it is a full reserve exchange and custodian with all customer funds backed on a 1:1 basis. However, Gemini does not support all crypto assets that Voyager users may have. In addition, U.S. Voyager customers who join Gemini will receive $5 in BTC after signing up and becoming verified within 30 days. Voyager Digital is also preparing to reopen its app and initiate asset withdrawals for customers. It had previously failed to secure deals with FTX US and Binance.US. Voyager settled on the liquidation of its assets to pay customers back. Despite its challenges, Gemini is expanding its services, launching Gemini Staking Pro in the UK, allowing users with 32 ETH or more to run dedicated validators on Ethereum. The exchange also has plans to open an engineering center in India and hire more employees in Singapore, as it sets its sights on the Asia-Pacific region.
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