CFTC hits Gemini with $5 million penalty
The Commodity Futures Trading Commission today announced the U.S. District Court for the Southern District of New York entered a consent order against Gemini Trust Company LLC, a New York trust ...
Ripple16d
Gemini Settles CFTC Lawsuit for $5 Million
Gemini agrees to pay $5 million to settle CFTC lawsuit over misleading Bitcoin futures claims, amidst ongoing legal battles.
https//beincrypto.com18d
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 ...
Cryptopolitan on MSN4d
Malta becomes the European hub for Winklevoss twins’ Gemini MiCA compliance
The Gemini exchange, founded by the Winklevoss twins, decided on Malta as its MiCA compliant European hub. The exchange received its sixth European license from the Malta Financial Services Authority ...
CoinTelegraph25d
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 ...
CoinTelegraph18d
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 ...
Benzinga.com18d
Gemini Resolves CFTC Lawsuit With $5M Settlement Over Bitcoin Futures Misstatements
The CFTC alleged Gemini misrepresented the susceptibility of its bitcoin futures contract to manipulation during a 2017 evaluation. Gemini denied wrongdoing, arguing that the futures contract ...
Hosted on MSN18d
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 ...
Benzinga.com18d
Gemini Settles with CFTC for $5M Over Misleading Bitcoin Futures Statements
So, Gemini's taking a $5M hit to settle with the CFTC after some shady 2017 claims. The CFTC accused the Winklevoss-led platform of misrepresenting stuff when trying to get their bitcoin futures ...
SiliconANGLE17d
Gemini crypto exchange agrees to pay $5M settlement to CFTC
Gemini also provides digital asset services for cryptocurrencies, including bitcoin, such as currency custody and exchange. According to the CFTC, at the time Gemini “knew or reasonably should ...