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How are my SPEDN wallet deposits insured?
How are my SPEDN wallet deposits insured?
Trevor avatar
Written by Trevor
Updated over a week ago

All cryptocurrency assets stored in your SPEDN wallet are securely custodied in trust by Gemini Trust Company, who maintains commercial crime insurance in an aggregate amount that is greater than the value of digital assets they store.

Gemini's policy insures against theft of digital assets as a result of a security breach, hack, fraudulent transfer, or employee theft. However, it does not cover any losses resulting from unauthorized access to your Flexa account.

For more detailed information on Gemini's policy, please consult the Digital Asset Insurance section of the Gemini User Agreement.

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