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 ...