Crypto Exchange Gemini Sued Over 36 Million Bitcoin Ethereum Exploit

Last updated: June 13, 2025, 11:07

Crypto Exchange Gemini Sued Over 36 Million Bitcoin Ethereum Exploit

Crypto exchange Gemini and self

Crypto exchange Gemini and self-directed retirement and pension accounts platform IRA Financial Trust (IRA) have reportedly reached an agreement to settle a lawsuit

Gemini lied about its security, IRA Financial says in

Gemini Exchange Sued by Retirement Investment Firm Over $36M

IRA Financial Trust lost

Crypto exchange Gemini Trust Co. lacked proper safeguards that resulted in retirement-account holders losing around $36 million in Bitcoin and Ether when the master key

It claimed that the cryptocurrency exchange had opaque security implementations, not allowing it to realize that Gemini had a single point of failure, which

IRA Financial Trust lost $36 million in crypto in a February hack. The company uses New York-based crypto exchange Gemini to hold its digital assets. It alleges that Gemini

Judge Dismisses Case Against Gemini in $36 Million

Crypto Exchange Gemini Settles With IRA Financial Trust Over

Gemini reaches settlement with IRA Financial Trust

Crypto IRA Company Sues Gemini Over $36M Theft of Bitcoin

Gemini Settles $36M Lawsuit with IRA Financial Trust

Gemini Settles With IRA Financial Trust Over $36 Million Exploit

On February

On February 8, hackers began siphoning IRA clients’ accounts, withdrawing Bitcoin (BTC), Ethereum (ETH), and U.S. dollars, stealing as much as $36 million before the

Gemini Security Failures to Blame for Crypto Hack, IRA Suit Says