⚖️ Judge denies Gemini and CFTC bid to reverse $5M fine
A federal judge denied the joint request by Gemini Trust and the CFTC to overturn the $5 million fine imposed by the Biden administration. The ruling upholds the fine and the restrictions in the permanent order, showing that court settlements are final despite regulatory changes.
#CryptoNews
Source: Bloomberg · https://www.bloomberg.com/news/articles/2026-10-15/judge-rejects-gemini-cftc-bid-to-undo-5-million-settlement
A federal judge denied the joint request by Gemini Trust and the CFTC to overturn the $5 million fine imposed by the Biden administration. The ruling upholds the fine and the restrictions in the permanent order, showing that court settlements are final despite regulatory changes.
#CryptoNews
Source: Bloomberg · https://www.bloomberg.com/news/articles/2026-10-15/judge-rejects-gemini-cftc-bid-to-undo-5-million-settlement