Judge rejects CFTC, Gemini bid to undo $5M settlement
Summary
A federal judge has denied a joint request from Gemini and the CFTC to invalidate a recent monetary agreement. The court determined that shifting regulatory priorities and claims of misconduct within the enforcement division failed to justify undoing the resolution.
Judge ruled changes in CFTC enforcement priorities and allegations of misconduct by its enforcement division were insufficient to overturn Gemini’s January 2025 settlement.
Source: Read the full story at Cointelegraph.com News
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