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 ...