CFTC Wants to Drop Gemini’s $5M Settlement. A Judge Just Said No
Summary
A federal judge refused to let the CFTC cancel a previous financial agreement with Gemini. The court decided that changing regulatory goals and accusations directed at the enforcement team do not justify reopening the resolved case.
The judge ruled that a shift in the CFTC’s enforcement priorities and misconduct allegations against its enforcement division weren’t enough to reopen a deal Gemini signed weeks before trial.
Source: Read the full story at Decrypt
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