Raise your hand if you have ever read an insurance policy before?
If you have, you understand this headline is a joke and the press release is misleading.
Post your policies for download and I’ll break it down for the masses to understand what is covered vs. what is not. https://t.co/bO52VXyCL5
"Crypto exchange Gemini has obtained insurance coverage for the digital assets it holds in custody...This insurance comes on top of the Federal Deposit Insurance Corporation-insured dollar deposits that the exchange holds."