Gemini Trust Ordered to pay $5 Million for Making False or …
Jan 13, 2025 · WASHINGTON, D.C. — 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 company.The order includes a permanent injunction, and finds Gemini violated the CEA and made materially false or misleading statements or omissions to the Commission.
CFTC Charges Gemini Trust Company for Making Material False or ...
Jun 2, 2022 · — The Commodity Futures Trading Commission today announced it has filed a complaint in the U.S. District Court for the Southern District of New York against Gemini Trust Company, LLC (Gemini), based in New York, N.Y., for making false or misleading statements of material facts or omitting to state material facts to the CFTC in connection with ...
Gemini Trust Ends CFTC Dispute With $5 Million Settlement: Details
Gemini settles with CFTC for $5M over claims of misleading statements in Bitcoin futures case. The settlement avoids a trial set for January 21; Gemini neither admits nor denies liability. The case stems from CFTC allegations of manipulation prevention failures in Bitcoin pricing.
Gemini agrees to a $5M penalty as part of proposed CFTC order
Jan 6, 2025 · 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.
Gemini vs. CFTC: New York Court Reschedules Civil Case to
Dec 31, 2024 · A major legal battle between Gemini Trust and the U.S. Commodity Futures Trading Commission (CFTC) has hit a pause. In a recent court decision, Judge Alvin Hellerstein postponed the civil case, pushing back the hearing date from January 13 to January 21, 2025.
Gemini and CFTC Reach $5 Million Settlement Agreement
Jan 7, 2025 · Gemini and CFTC have reached a $5 million agreement to put an end to a protracted court battle. The agreement details will refrain Gemini from providing false information to the CFTC. Gemini did not admit or deny the allegations levied against it by the regulatory body.
Gemini Settles $5M CFTC Lawsuit Over Bitcoin Futures Approval
Jan 7, 2025 · The platform has agreed to pay a $5 million fine to settle a lawsuit filed by the Commodity Futures Trading Commission (CFTC). The regulator accused Gemini of providing false information to secure approval for the first U.S.-regulated Bitcoin futures contract.
Gemini settles CFTC lawsuit over Bitcoin futures for $5M
Jan 6, 2025 · Gemini settles a $5M lawsuit with the CFTC over allegations of misleading statements about Bitcoin futures. Learn about the case, its implications, and Gemini's regulatory challenges.
Gemini ends CFTC dispute with $5M settlement | CoinNews
Jan 7, 2025 · Gemini, a well-known cryptocurrency exchange, has agreed to pay $5 million to settle charges brought by the US Commodity Futures Trading Commission (CFTC). The charges accused Gemini of giving false information about its efforts to prevent Bitcoin price manipulation.
Gemini Settles CFTC Lawsuit for $5 Million | Live Bitcoin News
Jan 8, 2025 · Gemini Trust Co., a cryptocurrency exchange founded by the Winklevoss twins, has agreed to pay $5 million to settle a lawsuit with the Commodity Futures Trading Commission (CFTC). According...