Judge Refuses to Erase Gemini’s $5M Settlement Despite CFTC Reversal
In a rare courtroom reversal, the Commodity Futures Trading Commission (CFTC) joined cryptocurrency exchange Gemini in asking a federal judge to overturn their $5 million settlement after the agency concluded its original lawsuit should never have been filed. But on Oct. 15, 2026, Judge Alvin Hellerstein refused, leaving the paid penalty and permanent injunction intact […]
Story summary
In a rare courtroom reversal, the Commodity Futures Trading Commission (CFTC) joined cryptocurrency exchange Gemini in asking a federal judge to overturn their $5 million settlement after the agency concluded its original lawsuit should never have been filed. But on Oct. 15, 2026, Judge Alvin Hellerstein refused, leaving the paid penalty and permanent injunction intact […]
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