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Gemini noted that its $5 million settlement with the CFTC was not an admission of wrongdoing
Gemini paid a $5 million fine in January 2025 to resolve the CFTC’s lawsuit
The CFTC sued Gemini in 2022, alleging Gemini issued “false and misleading statements” to regulators about its Bitcoin auction pricing mechanism
Gemini’s former operating chief Benjamin Small filed a whistleblower report in 2017 accusing Gemini of making false statements about its Bitcoin futures contracts after he was fired

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Gemini files complaint against CFTC

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