Gemini: CFTC judgment (Jan 2025)
The CFTC obtained a judgment against Gemini on January 13, 2025, according to the agency’s own announcement.
- Date
- Agency
- CFTC
- Action
- Judgment
- Amounts (as stated)
- $5 million civil monetary penalty
A federal court consent order found Gemini made materially false or misleading statements to the CFTC in 2017 during the self-certification of a bitcoin futures contract settled on its auction price.
Money involved. $5 million civil monetary penalty.
Questions
What did the CFTC say Gemini did?
A federal court consent order found Gemini made materially false or misleading statements to the CFTC in 2017 during the self-certification of a bitcoin futures contract settled on its auction price.
How much is Gemini paying?
$5 million civil monetary penalty.
See every action in the fintech and crypto enforcement tracker.
- Company (as named)
- Gemini Trust Company LLC
- Category
- Crypto
- Civil penalty, USD
- $5,000,000
- Agency announcement
- cftc.gov
- Sources
Source Link CFTC announcement https://www.cftc.gov/PressRoom/PressReleases/9031-25
Source: the agency’s own press release, litigation release, order or complaint, linked on each record. Charges are allegations; a company is not liable unless a court or agency finds it so.