Gemini agrees to a $5M penalty as part of proposed CFTC order
The US Commodity Futures Trading Commission (CFTC) has reached an agreement with Gemini Trust Company that could allow the firm to avoid a civil trial if approved by a judge. According to a Jan. 6 ...
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Gemini pays $5M to settle CFTC lawsuit over Bitcoin futures
Gemini, the crypto exchange founded by the Winklevoss twins, has cut a $5 million check to settle a lawsuit with the Commodity Futures Trading Commission (CFTC). The case had accused them of ...
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Gemini Resolves CFTC Lawsuit With $5M Settlement Over Bitcoin Futures Misstatements
The CFTC argued that, "Gemini personnel knew or reasonably should have known that such statements were false or misleading", implying a deliberate or careless oversight of the truth in their ...
CoinDesk20d
Gemini Agrees to Pay $5M Settlement in CFTC Case
A trial for the case had been set to start Jan. 21, but that will no longer proceed. The CFTC sued Gemini in 2022, alleging it had misled the U.S. regulator during in-person meetings that occurred ...
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Judge pushes CFTC trial with Gemini to Jan. 21
In a Dec. 30 filing in the US District Court for the Southern District of New York, Judge Alvin Hellerstein pushed the start date of the CFTC v. Gemini civil trial from Jan. 13 to Jan. 21, adding ...
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Gemini agrees to $5 million fine, injunction over CFTC charges, filing shows
Gemini also agreed to a permanent injunction, according to the consent order filed in federal court in New York. The CFTC sued Gemini in 2022 for making false and misleading statements of material ...
US CFTC chair to step down, flags urgent need for crypto regulation
Rostin Behnam, chair of the US Commodity Futures Trading Commission (CFTC), will step down on Jan. 20 after a four-year tenure marked by significant enforcement actions in the crypto sector and calls ...
New York Post20d
Winklevoss twins’ Gemini agrees to pay $5M fine to settle bitcoin case
Tyler (left) and Cameron Winklevos, owners of Gemini Trust, agreed to pay a civil penalty of $5 million to settle US Commodity Futures Trading Commission charges. AFP via Getty Images The CFTC ...
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Crypto Exchange Gemini Settles With CFTC, Pays $5 Million Fine
Winklevoss twins’ Gemini settles with the CFTC for $5 million amid ongoing tensions over crypto regulation and industry leadership.
Gemini Agrees to Pay $5M Settlement in CFTC Case
Crypto exchange Gemini agreed to pay $5 million to settle a case with the U.S. Commodity Futures Trading Commission over allegedly misleading statements it made more than seven years ago about how ...
CoinTelegraph28d
Judge pushes CFTC trial with Gemini to Jan. 21
A New York judge has delayed the start of a trial in a case between the United States Commodity Futures Trading Commission (CFTC) and the Gemini Trust Company, first filed in 2022. In a Dec. 30 ...