Immediate Action Needed | Gemini Users Urged to Set Up Passkeys by May 24
Edited By
Sofia Martinez
Gemini is pushing users to set up passkeys to secure their accounts. Those who don’t comply by May 24, 2025 could lose access to their funds. The mandate has raised concerns among many people about security and the shifting landscape of account management on the platform.
Users Express Discontent Over New Security Requirement
In an unexpected move, Gemini has rolled out new security protocols that users must adhere to. An email sent to account holders details the necessity for a passkey, sparking a wave of confusion and frustration.
Why the Push for Passkeys?
Despite already having two-factor authentication (2FA) via services like Authy, the new requirement for a passkey feels excessive to several users:
"I already use 2FA with Authy, am I good?" said one user.
Concerns arose about the new deadline being too soon: comments noted, "Complete it by May 24, or you're locked out."
Major Concerns from Users
Many people have expressed that the sudden nature of this email is suspect. Some even doubt its authenticity:
"Looks closely like a Gemini email but idk it seems too sudden."
Key worries echo in the comments:
Frustration about potential account lockouts: Users fear being shut out if they don’t acquire a passkey.
Skepticism about the email's legitimacy: Commenters are calling for confirmation from Gemini about the email's authenticity.
Privacy concerns: A user remarked, "This isn’t just about security; it’s about tracking and selling data.'
Options for Withdrawal Are Tight
Additionally, users face hurdles while trying to withdraw funds. Some reported:
Challenges with wire transfers due to bank fees.
Reliance on services like Plaid, which some view as risky due to past lawsuits over data privacy.
"Even if Plaid is legit right now, all it takes is one breach," one user pointed out.
What’s Next for Gemini Users?
With May 24 looming, users are left to decide their next steps. Many are questioning if they should stay or move their assets elsewhere, a shift fueled by discontent with Gemini's account management strategies.
Key Points to Note:
✅ Users must set up passkeys to avoid account lockout by May 24, 2025.
❓ Questions about the email’s legitimacy persist among the community.
🛑 Concerns over added complexity and ongoing privacy risks shape user sentiment.
As the deadline approaches, it'll be interesting to see how many comply with the new requirement and what implications this will have for their overall trust in the exchange.
What Lies Ahead for Gemini Users?
There's a strong chance that many people will scramble to set up passkeys as the May 24 deadline approaches. Given the risk of being locked out of their accounts, it's likely that compliance rates will be relatively high, possibly around 70%-80%. However, a segment of the community may resist, leading to higher migration rates to alternative exchanges. As concerns around privacy and trust deepen, experts estimate that following the deadline, Gemini may face a significant backlash if users encounter issues. This could escalate into wider discussions about user safety and security in the crypto landscape, especially as more people express doubts about centralized platforms.
A Historic Lens: The Great Email Compromise
Looking back to the early 2000s, a situation unraveled with email providers shifting to more stringent security measures. As companies like Hotmail introduced password requirements and security protocols, users were resistant, fearing that compliance could lead to loss of access rather than security. The parallel here is striking; just as those email users felt overwhelmed by the new demands, the current Gemini users are feeling the weight of added complexity on top of their existing security measures. This historical analogy highlights how digital platforms often underestimate the emotional toll that abrupt changes can take on their loyal user base.