Cc9f267dcClaimJudge Alvin K. Hellerstein ruled under Federal Rule of Civil Procedure 60 that newly acquired knowledge of facts existing when the January 2025 consent order was entered does not constitute a significant change in factual circumstancesAgreeDisagree
Cc9f267dcClaimThe CFTC filed a lawsuit in 2022 alleging Gemini Trust Company made false or misleading statements of material fact in 2017 regarding a Bitcoin futures contract relying on Gemini auction pricesAgreeDisagree
Cc9f267dcClaimBinance.US CEO Stephen Gregory, who was appointed in March 2026, has been working to restore U.S. trading activity and expand product offerings following years of regulatory challenges tied to Binance's 2023 settlement with U.S. authoritiesAgreeDisagree
Cc9f267dcClaimWorld Liberty Financial, a crypto venture co-founded by Donald Trump, was informed of the Binance.US $100 million fundraising round but is not participating in itAgreeDisagree
Cc9f267dcClaimBinance.US is working to restore state money transmitter licenses across the United States to expand its customer reachAgreeDisagree
Cc9f267dcClaimBinance.US is seeking to raise up to $100 million in a private funding round that would value the cryptocurrency exchange at approximately $1 billion, according to reports in October 2026AgreeDisagree
Cc9f267dcClaimBinance.US experienced reduced access to dollar payment services as a result of regulatory pressure following 2023 actions against global exchange BinanceAgreeDisagree
Cc9f267dcClaimBinance.US CEO Stephen Gregory outlined plans in July 2026 to pursue a Commodity Futures Trading Commission license allowing Binance.US to offer event contracts, prediction markets, and derivativesAgreeDisagree
Cc9f267dcClaimThe proposed $100 million private fundraising round size, valuation, and investor participation for Binance.US remain under discussion and could changeAgreeDisagree
Cc9f267dcClaimThe proposed $1 billion valuation for Binance.US represents a sharp decline from its 2022 funding round, when the exchange raised over $200 million at a pre-money valuation of $4.5 billionAgreeDisagree
Cc9f267dcClaimAn internal CFTC review concluded the agency should not have filed the 2022 complaint against Gemini Trust Company over 2017 Bitcoin futures statements due to an uncredible whistleblower and a shift in enforcement prioritiesAgreeDisagree
Cc9f267dcClaimJudge Alvin K. Hellerstein ruled that the CFTC's reassessment of its enforcement priorities does not require vacatur because court judgments belong to the judiciary rather than the agencyAgreeDisagree
Cc9f267dcClaimJudge Alvin K. Hellerstein rejected Gemini's claims of regulatory pressure, holding that litigating for three years before making a calculated decision to settle shortly before trial does not render Gemini's consent to settle involuntaryAgreeDisagree
Cc9f267dcClaimThe January 2025 consent order between Gemini Trust Company and the CFTC imposed a $5 million civil monetary penalty and a permanent injunction barring Gemini from making false or misleading statements to the CFTC, following the 2022 Bitcoin futures lawsuitAgreeDisagree
Cc9f267dcClaimThe CFTC stated in its May 2026 vacatur filing that the Biden-administration enforcement action would not have been brought under President Donald Trump's administration and involved inappropriate litigation tacticsAgreeDisagree
Cc9f267dcClaimU.S. District Judge Alvin K. Hellerstein of the Southern District of New York denied a joint motion from Gemini Trust Company and the CFTC to vacate a January 2025 consent order on October 15, 2026AgreeDisagree
Cc9f267dcClaimGemini Trust Company had already paid the $5 million civil monetary penalty imposed by the January 2025 consent order, and sought no refund in the May 2026 joint vacatur motionAgreeDisagree
Cc9f267dcClaimGemini Trust Company agreed to settle the CFTC enforcement action in January 2025, three weeks before the case was scheduled to go to trial after roughly three years of litigationAgreeDisagree
Cc9f267dcClaimThe October 15, 2026 court ruling leaves the permanent injunction and restrictions prohibiting Gemini Trust Company from publicly denying the 2022 CFTC case's findings in placeAgreeDisagree
Cc9f267dcClaimThe United States Securities and Exchange Commission's case against Richard Heart was dismissed on jurisdictional grounds in February 2025AgreeDisagree
