FTX vs Gemini

FTX was a Bahamas-based cryptocurrency exchange that collapsed in November 2022 in a multi-billion-dollar fraud after customer deposits were funneled to affiliated trading firm Alameda Research; it ceased operations and filed for bankruptcy.

Blockchain / Crypto

Gemini

Winklevoss-founded, New York-regulated crypto exchange and custodian, issuer of the Gemini dollar (GUSD), now publicly listed on Nasdaq.

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