Stock Market News
U.S. CFTC sues crypto exchange Gemini over misleading statements from 2017
2022.06.02 20:51
Signage is seen outside of the US Commodity Futures Trading Commission (CFTC) in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly/Files
(Reuters) – The U.S. CFTC filed a federal lawsuit in New York accusing Gemini Trust Co of making false and misleading statements concerning a bitcoin futures contract the firm was pursuing in 2017.
The agency contends that Gemini, a crypto exchange led by Cameron and Tyler Winklevoss, violated federal laws governing commodities, and is seeking civil fines and other remedies.
