Is Gemini a Scam? Regulation Check 2026
The Gemini entry was pulled from the NYDFS trust charter register. This is what the public record returns.
Verdict
The record clears Gemini: it holds NYDFS trust charter licence Registered, which clears it to offer trading in United States.
How to verify on the official register
| Regulator | NYDFS trust charter NYDFS trust charter |
| Licence Number | Registered |
| Regulated Entity | Gemini Trust Company, LLC |
| Founded | 2014 |
What NYDFS trust charter regulation means
Under NYDFS trust charter, an exchange must ring-fence client funds in segregated accounts, carry negative balance protection, and open its books to independent audit. A complaint can be filed with NYDFS trust charter directly.
What the NYDFS trust charter registration buys you
- Client funds ring-fenced in segregated accounts, apart from Gemini's own capital
- Negative balance protection, so a loss cannot run past the deposit
- A direct line to NYDFS trust charter for a complaint should Gemini leave one unresolved
- Independent financial audits of Gemini, run on a schedule under NYDFS trust charter oversight
Frequently Asked Questions
Is Gemini a scam or legitimate?
The record clears Gemini. It holds NYDFS trust charter licence Registered, and NYDFS trust charter ranks among the most respected financial regulators — the entry confirms in public on the NYDFS trust charter register.
How do I check Gemini's NYDFS trust charter licence?
Open the official NYDFS trust charter site and run its register search. Key in licence Registered or the entity name; the entry returns Gemini's authorisation status and the exact scope of its permissions.
Are my funds safe with Gemini?
Under NYDFS trust charter, Gemini is required to hold client funds in segregated bank accounts, walled off from company money — cover that stands even if Gemini runs into trouble.
What protection do I have as a Gemini client in United States?
In United States, Gemini answers to NYDFS trust charter. On the record that means segregated client funds, negative balance protection (losses cannot run past your deposit), and a direct channel to file a complaint with NYDFS trust charter.
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