CFTC moves to void Gemini’s $5M settlement, saying 2022 enforcement case should not have been filed
Coindesk •
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Promote with Leviathan NewsThe CFTC and Gemini asked a federal court to erase the exchange’s January 2025 settlement over alleged misleading statements tied to 2017 bitcoin futures discussions. The agency now says the 2022 complaint “should not have been filed” and would not be brought under current enforcement standards, a clean reversal from the prior CFTC. If SDNY grants it, Gemini’s remaining settlement obligations, including an injunction against misleading the commission, disappear.
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