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Gemini crypto exchange accused of stealing funds

Users Sound Off | Allegations of Stealing Funds at Gemini Exchange

By

Carlos Mendes

May 17, 2025, 06:40 AM

Updated

May 17, 2025, 07:37 AM

2 minutes reading time

Users of Gemini Crypto Exchange share their frustrations regarding poor service and allegations of theft
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As complaints mount against Gemini, a well-known cryptocurrency exchange, a significant number of users are accusing the platform of stealing funds and failing to respond to concerns. These claims underscore a widening trust gap that could have serious implications for Geminiโ€™s operations.

User Frustration Hits New Heights

Recent insights shared on various forums reveal escalating frustrations surrounding Geminiโ€™s customer support. Users have reported feeling neglected, with some exclaiming, "It is absolutely impossible to reach anyone at that gang/company." Many users feel like they're shouting into a void when attempting to contact the exchange for help.

"I AM FED UP WITH YOU PEOPLE NOW GIVE ME MY MONEY BACK!!!!" summed up one frustrated poster, echoing the sentiments of countless others facing account access issues.

Mixed Responses from the Community

While many users are vocal about their grievances, some share contrasting experiences. One long-time user stated, "I've always gotten good support from Gemini. I've even kept crypto in my account despite earlier issues with Gemini Earn." This reflects a divide between disgruntled individuals and those who remain loyal to the platform, but frustrations about support are pervasive.

Several comments on the forums hint at circumstances surrounding flagged accounts and investigations that can lead to funds being locked. "For whatever reason, your account is on hold," a user pointed out, suggesting valid reasons may exist for the delays.

Sentiment Shifting Towards Hostility

Overall, the sentiment from the user base appears increasingly hostile. Users are not only seeking their funds; calls for accountability and regulatory action are intensifying. A growing number of voices are demanding serious consequences, with one user insisting, "You deserve nothing short of serious jail time."

Key Themes from User Comments

  • Customer Service Breakdown: Users find it nearly impossible to connect with customer service, leading to increasing anger and bitterness.

  • Account Security Concerns: Some users report their accounts being flagged without clear communication, resulting in access issues.

  • Calls for Regulatory Oversight: There's a rising demand for accountability, with suggestions of taking action through financial bodies like the Consumer Financial Protection Bureau.

Takeaways

  • โš ๏ธ "It cannot be done!!!!" - A user's stark warning on reaching support.

  • ๐Ÿ” Mixed reviews about support with some users feeling abandoned.

  • ๐ŸŽฏ Increasing calls for accountability, including potential regulatory intervention.

As these grievances continue to circulate, will Gemini be able to mend the rift and recover user trust? The exchange is now at a crossroads that could define its future in a competitive cryptocurrency market.