Judge Refuses to Erase Gemini’s $5M Settlement Despite CFTC Reversal
In a rare courtroom reversal, the Commodity Futures Trading Commission (CFTC) joined cryptocurrency exchange Gemini in asking a federal judge to overturn their $5 million settlement after the agency concluded its original lawsuit should never have been filed. But on Oct. 15, 2026, Judge Alvin Hellerstein refused, leaving the paid penalty and permanent injunction intact […]
A federal judge declined to vacate Gemini's $5 million settlement with the CFTC, even after the agency itself reversed course and joined Gemini in asking for the deal to be undone. Judge Alvin Hellerstein's October 15, 2026 ruling leaves both the paid penalty and a permanent injunction in place. The decision signals that courts will not automatically unwind enforcement settlements when regulators change their minds, a precedent that matters for exchanges facing or negotiating with US regulators.
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53M AGOYou’re reading thisJudge Refuses to Erase Gemini’s $5M Settlement Despite CFTC ReversalBitcoin.com News · Score 55
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10H AGODecrypt · Score 45 · via Gemini $5M, Judge
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17H AGOCoinDesk · Score 55 · via settlement CFTC, $5M settlement
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19H AGOCointelegraph · Score 45 · via Judge, $5M settlement
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21H AGOThe Block · Score 45 · via $5M settlement, Gemini-CFTC
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16 OCT · 00:39The Defiant · Score 55 · via Gemini-CFTC, Judge
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16 OCT · 00:34Crypto Briefing · Score 35 · via Judge refuses, refuses
