Articles for tag: bitcoin futures contract, CFTC charges, cryptocurrency exchange, Gemini Trust Company, misleading statements, regulatory compliance, Winklevoss twins

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Gemini Settles Bitcoin Case with Winklevoss Twins, Agrees to Pay $5M Fine

Gemini Trust Company, founded by the Winklevoss twins, has agreed to pay a $5 million fine to resolve charges from the US Commodity Futures Trading Commission (CFTC). The allegations stem from misleading statements made by Gemini in 2017 regarding a bitcoin futures contract they aimed to introduce. As part of the settlement, Gemini will also ...

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