Gemini agrees to $5 mln fine, injunction over CFTC charges, filing shows
ReutersJan 6, 2025 4:52 PM
NEW YORK, Jan 6 (Reuters) - Gemini Trust Company agreed to pay a civil penalty of $5 million to settle U.S. Commodity Futures Trading Commission charges in connection with its cryptocurrency trading platform and custodial services, a court filing showed on Monday.
Gemini also agreed to a permanent injunction, according to the consent order filed in federal court in New York.
(Reporting by Chris Prentice and Jonathan Stempel)
((christine.prentice@thomsonreuters.com; +1 (202) 843-6464;))
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