CFTC Chair Moves to Reverse Winklevoss-Led Gemini Enforcement Order

TLDR The CFTC wants a federal judge to vacate parts of Gemini’s January 2025 enforcement order. CFTC Chair Michael Selig linked the Gemini case to alleged political targeting under Biden. Gemini’s case began with claims tied to a 2017 Bitcoin futures approval process. The January 2025 order included a $5 million penalty and future compliance [...]

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