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

Market News

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 ...

Market News

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

Gemini Trust Company, founded by Cameron and Tyler Winklevoss, has agreed to pay a $5 million civil penalty to resolve charges from the U.S. Commodity Futures Trading Commission (CFTC). These charges stem from statements made by Gemini regarding its bitcoin futures contract in 2017. As part of the settlement, which was filed in a New ...

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