arbitrator

An arbitrator is a neutral third party appointed to resolve disputes and make a binding decision in a legal or contractual matter. In this case, the arbitrator was tasked with determining if Gemini was responsible for the collapse of its Earn lending program.

Why it’s in the news: The arbitrator is in the news due to their ruling that Gemini was not responsible for the Earn program collapse.

Latest on arbitrator

• Arbitrator Finds Gemini Not Responsible for Earn Program Collapse
• An arbitrator ruled on August 12 that Gemini was not responsible for the collapse of its Earn lending program, finding insufficient evidence that the cryptocurrency exchange misled customers or failed to conduct adequate due diligence on lending partner Genesis Global Capital.

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