The Gemini exchange was fined 5 million USD by the CFTC
In summary: Gemini settled with the CFTC by paying a $5 million fine without admitting or denying the allegations of misleading regulators. The Winklevoss twins have supported crypto-friendly candidates but frequently criticize the CFTC’s approach to regulation. Despite growing support for the CFTC overseeing crypto regulation, the twins’ stance could hinder the industry’s efforts. Trade […]
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