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 agrees to $5 million fine, injunction over CFTC charges, …
Jan 6, 2025 · NEW YORK (Reuters) -Gemini Trust Company agreed to pay a civil penalty of $5 million to settle U.S. Commodity Futures Trading Commission charges in connection with statements it made in...
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.
Winklevoss twins’ Gemini to pay $5M in CFTC settlement
Jan 7, 2025 · The Winklevoss twins’ Gemini Trust Co. cryptocurrency exchange agreed to pay $5 million to end a Commodity Futures Trading Commission lawsuit claiming it misled the derivatives regulator in a bid...
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 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 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 agrees to $5 million fine, injunction over CFTC charges
Jan 6, 2025 · NEW YORK (Reuters) -Gemini Trust Company agreed to pay a civil penalty of $5 million to settle U.S. Commodity Futures Trading Commission charges in connection with statements it made in...
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.