Reported 2 days ago
Gemini Trust Company has agreed to a $5 million civil penalty and a permanent injunction to resolve charges from the U.S. Commodity Futures Trading Commission (CFTC) related to misleading statements about a bitcoin futures contract from 2017. The consent order, filed in New York, shows that while Gemini neither admitted nor denied the findings, the settlement addresses claims stemming from a CFTC lawsuit filed in 2022.
Source: YAHOO