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Gemini: CFTC case dismissed (May 2026)

The CFTC dismissed its case against Gemini on May 27, 2026, according to the agency’s own announcement.

Date
Agency
CFTC
Action
Dismissal
Amounts (as stated)
$5 million penalty already paid; not returned

The CFTC joined Gemini in asking the court to vacate the prospective provisions of their January 2025 consent order, concluding after review that the complaint should not have been filed; the $5 million penalty already paid will not be returned.

Money involved. $5 million penalty already paid; not returned.

Questions

What did the CFTC say Gemini did?

The CFTC joined Gemini in asking the court to vacate the prospective provisions of their January 2025 consent order, concluding after review that the complaint should not have been filed.

How much is Gemini paying?

$5 million penalty already paid; not returned.

See every action in the fintech and crypto enforcement tracker.

Company (as named)
Gemini Trust Company LLC
Category
Crypto
Agency announcement
cftc.gov
Sources
SourceLink
CFTC announcementhttps://www.cftc.gov/PressRoom/PressReleases/9236-26

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.

NY Presswire

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