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Home»Altcoins»Is Gemini submitting bankruptcy? Phishing -e -mail spreads panic
Altcoins

Is Gemini submitting bankruptcy? Phishing -e -mail spreads panic

2025-04-01No Comments2 Mins Read
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A warning is making the rounds in the crypto community as a scam -y emails that claim that Gemini has applied for a bankruptcy. The fraudulent message urges recipients to protect their money by withdrawing to an “Exodus wallet”, even a fake seed sentence to mislead users.

Red flags to pay attention:

The scam -Mail, which seems to come from a suspicious address, wrongly claims that a security infringement at the end of 2024 $ 1.2 billion in cold storage reserves. It wrongly states that Gemini applies for bankruptcy protection due to operational and regulatory obstacles.

“We write to inform you that Gemini Trust Company, LLC submitted on March 31, 202%for Chapter 11 Bankruptcy Protection in the United States bankruptcy court. This step follows a significant financial setback caused by a security chock at an external custodial service. To read your e-mail.

Many people have reported that they have received similar e -mails, which causes panic and confusion – just in time before April 1, making it feel like an extensive joke of April. But this is not a joke. It is a scam that is designed to steal your crypto.

Crypto experts and members of the community urge everyone to stay calm, check any communication from official sources and never click on links or provide personal information in suspicious e-mails.

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See also  Gemini receives regulatory approval in Singapore amid expansion plans in Asia
Bankruptcy Gemini Mail panic phishing spreads submitting
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