U.S. judge rejects Gemini’s appeal to void $5 million settlement despite CFTC backing
The crypto exchange already paid up, but a court order and restrictions from its 2025 settlement will not be lifted even though the CFTC said the case should have never been presented.
AI summary
A U.S. judge rejected Gemini's appeal to void a $5 million settlement with the CFTC, even though the agency itself backed the exchange's position that the case should never have been brought. Gemini has already paid the fine, but the court order and restrictions from the 2025 settlement remain in force. The ruling signals that courts will not easily unwind enforcement settlements in crypto, keeping regulatory overhang on Gemini and reinforcing that past compliance actions carry lasting consequences for exchanges.
Narrative history
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51M AGOYou’re reading thisU.S. judge rejects Gemini’s appeal to void $5 million settlement despite CFTC backingCoinDesk · Score 55
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2H AGOCointelegraph · Score 45 · via Judge rejects, Gemini
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4H AGOThe Block · Score 45 · via Gemini-CFTC, $5M settlement
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9H AGOThe Defiant · Score 55 · via Rejects Gemini-CFTC, Judge Rejects
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9H AGOCrypto Briefing · Score 35 · via $5M settlement, $5M
