The crypto exchange said today that it did not lend 100,000 BTC to any counterparties. Key Takeaways Gemini has denied rumors today that it lent 100,000 BTC ($3 billion) to BlackRock and Citadel. An unsourced rumor suggested the companies dumped the borrowed crypto, causing TerraUSD’s price drop. UST is currently valued at $0.65, below its intended $1.00 price peg but above the $0.32 mark touched earlier today. Gemini, a leading crypto exchange, has denied rumors suggesting that it made a large Bitcoin loan which contributed to UST’s stability crisis. Gemini Denies Lending Rumors Gemini has denied rumors that it issued […]