
Gemini Pays $5 Million to Settle CFTC Charges
Gemini, the crypto exchange run by the Winklevoss twins, has agreed to pay a $5 million fine to settle allegations of deception brought by the Commodity Futures Trading Commission (CFTC). The Settlement This settlement avoids a trial that was set to begin in January 2021. The CFTC initially sued Gemini in 2022, claiming the exchange…