Crypto Exchange Gemini Accuses CFTC Of Lawfare Campaign, ‘Toxic Culture’ In N...
Gemini has accused the Commodity Futures Trading Commission (CFTC) staff of waging a “trophy-hunting lawfare” campaign based on “fabricated” statements and unfairly weaponizing the Commodity Exchange Act (CEA) against the crypto exchange for over seven years. Related Reading: Forza Crypto! Top Exchange Token Soars 30% Following Collab With Italian Giant Juventus Gemini Slams DOE Staff […]
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The agency says the exchange gave false information in person and in documents in its 2017 bid to be among the first to offer Bitcoin futures contracts. The United States Commodity Futures Trading Commission (CFTC) filed suit against Gemini Trust Co. in the U.S. Southern District Court of New York on Thursday. The CFTC claimed in the civil suit that Gemini made false or misleading statements to the CFTC in 2017 during in-person meetings and in documents, violating the Commodity Exchange Act and other regulations. The agency was making an evaluation of the potential self-certification of a....
On Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex, to pay fines totaling $42.5 million. The CFTC accuses Tether of “making untrue or misleading statements and omissions of material fact in connection with the U.S. dollar tether token (USDT) stablecoin.”
CFTC Issues Two Fines to Tether and Bitfinex, CFTC Expects ‘Honesty and Transparency in the Developing Digital Assets Marketplace’
The stablecoin issuer....
Gemini, a cryptocurrency exchange, is being sued by the CFTC on allegations of false statements made to obtain certification for bitcoin futures contracts.
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This Week Fed money printer goes into reverse: What does it mean for crypto?Over the last two years or so, the United States Federal Reserve has flooded the financial system with excess liquidity benefiting stocks, crypto and other markets as well. Now, the Fed is going in the opposite direction in order to combat....
A new celebrity joins the Bitcoin enthusiasm. This time around, Maria Carey paired up with Gemini, the leading cryptocurrency platform funded by Tyler and Cameron Winklevoss, on a new campaign that aims to use her influence on women around the world to encourage their learning about the possibilities of crypto investment. Related Reading | Gemini […]