CFTC Press Releases/
CFTC Joins Gemini Trust Company LLC in Motion for Relief from Judgment
The CFTC is joining Gemini Trust Company LLC in a motion to vacate a 2025 consent order, admitting the original complaint should not have been filed based on current enforcement standards and flawed investigation processes.
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Why It Matters
The CFTC's admission of procedural failures and the move to vacate prospective restrictions on Gemini suggests a shift toward more equitable enforcement standards in the digital asset space.