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Bitcoin Exchange Gemini Is Being Sued By The CFTC

  • Gemini, the Winklevoss-owned cryptocurrency trade primarily based in New York, is being sued by the CFTC.
  • The lawsuit alleges that Gemini misled the regulator in conversations regarding the launch of bitcoin futures contracts.
  • Gemini seems to be ahead to “definitively proving” the allegations to be false.

The Commodities Futures Trading Commission (CFTC) is suing cryptocurrency trade Gemini Trust Company LLC for “making false or misleading statements of material facts,” in accordance to a press release from the CFTC.

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