U.S. Federal Judge Dismisses Gemini and CFTC's Joint Motion to Cancel $5 Million Settlement Agreement
According to Bloomberg, a U.S. federal judge denied a joint application by the Commodity Futures Trading Commission (CFTC) and cryptocurrency exchange Gemini Trust Co. to rescind a settlement agreement. The agreement was reached in January 2025 during the Biden administration and requires the Gemini exchange to pay a $5 million civil penalty.
