Can Gemini cryptocurrencies recover money from a bankrupt cryptocurrency exchange?

Could you elaborate on the potential for Gemini cryptocurrencies to recoup funds from a cryptocurrency exchange that has declared bankruptcy? Is there a precedent for such recoveries in the cryptocurrency industry? What steps would Gemini typically take to pursue this course of action, and what factors might influence the success of such an endeavor? Additionally, how might the outcome of such a recovery attempt impact investors and the overall cryptocurrency market?