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#Gemini settlement

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Judge Upholds Gemini’s $5M Settlement Despite CFTC Reversal
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Judge Upholds Gemini’s $5M Settlement Despite CFTC Reversal

Key Highlights: The Commodity Futures Trading Commission (CFTC) and cryptocurrency exchange Gemini jointly sought to vacate a settled enforcement action in May 2026. Judge Hellerstein rejected the joint motion, ruling that prior litigation circumstances and shifting administrative priorities do not justify dissolving a binding court order. Gemini remains bound by the original injunction and agreed ...

US Judge Rejects Gemini’s Bid to Void $5 Million Settlement Despite CFTC Support
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US Judge Rejects Gemini’s Bid to Void $5 Million Settlement Despite CFTC Support

Key Highlights: Federal Judge Alvin Hellerstein rejected a joint motion from crypto exchange Gemini and the CFTC seeking to vacate a $5 million settlement reached in January 2025. The court determined that the CFTC’s shift in regulatory stance and Gemini’s claims of coercion were insufficient grounds to overturn the finalized agreement. Despite having already paid ...