FinanceMagnates
Cryptocurrency exchange Gemini, owned by the
Winklevoss twins, has agreed to a $5 million settlement to end a lawsuit with
the Commodity Futures Trading Commission (CFTC). The case, which alleged Gemini misled regulators to
launch a Bitcoin futures contract, was resolved just weeks before a trial was
set to begin.In 2022…
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Gemini Trust Co. Settles CFTC Lawsuit for $5 Million Ahead of Trial over Bitcoin Futures
Jared Kirui
01:25
Cryptocurrency exchange Gemini, owned by the Winklevoss twins, has agreed to a $5 million settlement to end a lawsuit with the Commodity Futures Trading Commission (CFTC). The case, which alleged Gemini misled regulators to launch a Bitcoin futures contract, was resolved just weeks before a trial was set to begin.In 2022…
