‘Extraordinarily Unusual’ for CFTC to Reverse Gemini Settlement Deal: Ex-chair

Cointelegraph Staff

(10:28 PM UTC)

1 min read

A former chairman of the US Commodity Futures Trading Commission (CFTC) responded to the agency’s move to vacate a $5 million settlement with cryptocurrency company Gemini.

In a Wednesday motion filed in the US District Court for the Southern District of New York, the CFTC joined the Gemini Trust Company in seeking relief from the judgment of a case initially filed in June 2022. The company…

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Cointelegraph Staff · Cointelegraph

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