Gemini Earn users will get over $2 billion of their crypto back in kind, more than a year after the lending program folded, crypto exchange Gemini said in a statement.

Those funds will be distributed in kind, meaning Gemini Earn customers who lent one bitcoin will receive one bitcoin back, the Winklevoss twin-owned exchange said on Wednesday. The distributions also represent a 232% recovery from when withdrawals were halted in November 2022, Gemini said.

“We are thrilled that we have been able to achieve this recovery for our customers. We recognize the hardship caused by this lengthy process and appreciate our customers’ continued support and patience throughout,” said Cameron Winklevoss, co-founder and president of Gemini, in a statement. 

Gemini launched the Earn program in …