Gemini pays $5M to CFTC to settle claims of misleading Bitcoin futures contract claims.

Cryptocurrency exchange Gemini Trust has agreed to pay a $5 million settlement to the U.S. Commodity Futures Trading Commission (CFTC) to resolve allegations of making misleading claims about a Bitcoin futures contract in 2017. The settlement includes a permanent injunction but does not involve an admission of guilt. The case highlights the increasing regulatory pressure on crypto firms.

2 months ago
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