The U.S. Commodity Futures Trading Commission (CFTC) and crypto exchange Gemini file a joint motion seeking relief from a prior consent order dated 2025. The motion aims to reverse or vacate the earlier judgment that followed the CFTC’s enforcement action against Gemini, according to reporting from multiple outlets. The agreement in question involves a $5 million settlement referenced in the motion. Both parties characterize the consent order as something the CFTC believes “should not have been filed,” signaling a shift from the regulator’s prior position. The filing requests that the court remove the effect of the consent order and related judgment, rather than litigate on the merits from scratch. The CFTC’s participation indicates the agency is not only responding to Gemini’s request, but also affirmatively supporting the bid to undo the earlier outcome. The motion is submitted as a procedural step to correct or overturn the existing order; the reporting does not indicate a final ruling yet, and court action is still pending.
CFTC and Gemini jointly move to vacate 2025 consent order tied to $5 million settlement
The U.S. Commodity Futures Trading Commission (CFTC) and crypto exchange Gemini file a joint motion seeking relief from a prior consent order dated 2025. The motion aims to reverse or vacate the earli...
- The CFTC and Gemini jointly file a motion seeking relief from a 2025 consent order.
- The motion asks to vacate or reverse the prior consent order and its related judgment.
- The consent order is tied to a $5 million settlement referenced in reporting.
- The CFTC states the consent order “should not have been filed.”
- As of the filings, the matter remains pending before the court.
The regulator filed alongside the crypto exchange to undo a 2025 consent order it now says "should not have been filed."
2 months agoThe CFTC joined Gemini in filing a motion for relief from a 2025 consent order stemming from the agency's previous enforcement action.
2 months agoEuronews publishes multiple daily news bulletins across May and June 2026
Euronews releases a series of “Latest news bulletin” broadcasts across different dates in May 2026 and June 2026, includ...
Karoline Leavitt to leave White House press secretary role at end of August
White House press secretary Karoline Leavitt is set to leave her post later this month, with reporting placing her depar...
Syrian President pays with Visa card after U.S. removes Syria from terrorism list
Syrian President Ahmed al-Sharaa uses a Visa card for a payment in Damascus shortly after the United States removes Syri...