Federal Judge Denies Gemini-CFTC Bid to Vacate $5 Million Settlement
A federal judge in New York denied a joint motion by the CFTC and Gemini to vacate a January 2025 consent order imposing a $5 million civil penalty and permanent injunction on the cryptocurrency exchange.
A federal judge in New York denied a joint motion by the Commodity Futures Trading Commission and Gemini (GEMI) seeking to vacate a January 2025 consent order that imposed a $5 million civil penalty and a permanent injunction on the cryptocurrency exchange.On Thursday, Judge Alvin Hellerstein of th…