Federal Court Upholds CFTC Settlement for Gemini Amid Reversal Efforts

Community Trust Score Verified 80 % Real Verified 15 votes Updated 2 hours ago A federal judge won’t let Gemini off the hook. US District Judge Alvin Hellerstein ruled Thursday that a $5 million settlement between crypto exchange Gemini and the Commodity Futures Trading Commission stands — full stop — even after both parties tried to walk it back. This ruling underscores the increasing scrutiny regulatory bodies are placing on cryptocurrency exchanges, reinforcing the notion that compliance and accountability are non-negotiable in this evolving market.

Source: The Currency Analytics