The CFTC files alongside Gemini to nullify Gemini's $5M settlement in January 2025, arguing that the agency's current management wouldn't have pursued the case (Jesse Hamilton/CoinDesk)

May 29, 2026 - 04:41
Updated: 2 months ago
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CFTC and Gemini representatives reviewing documents regarding the nullification of a five million dollar settlement

Jesse Hamilton / CoinDesk:
The CFTC files alongside Gemini to nullify Gemini's $5M settlement in January 2025, arguing that the agency's current management wouldn't have pursued the case  —  The regulator went back to analyze the 2022 case and decided that it wouldn't have been pursued under current management and practices.

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Christopher Holloway

Christopher Holloway is the founder and director of Progressive Robot, a UK-based technology company. A full-stack engineer with more than two decades of experience, he works across PHP development, ecommerce, Linux infrastructure, technical SEO and AI automation, and writes here on technology, AI, hardware and software.

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