Gemini's Earn program, in collaboration with Genesis Global Capital, successfully returned over $2 billion in cryptocurrency to 232,000 retail customers.

The program provided a 242% return on locked-up assets since January 2023.

Despite Genesis's bankruptcy, customers are set to receive their original assets back, benefiting from the increase in Bitcoin's price.

The unexpected windfall stems from the Gemini-Earn program, where customers lent their cryptocurrencies to Genesis in exchange for interest payments.

A lawsuit by the New York Attorney General resulted in a settlement prioritizing customer compensation over other creditors, leading to Genesis's liquidation.

Customers will receive 97% of the repayment immediately, with the remainder within 12 months.

This situation highlights the resilience of the cryptocurrency sector amidst regulatory pressures.