Winklevoss-Owned Bitcoin Exchange Gemini Being Sued By Regulators Today

Posted on

  • Gemini, the Winklevoss-owned cryptocurrency exchange based in New York, is being sued by the CFTC.
  • The lawsuit alleges that Gemini misled the regulator in conversations concerning the launch of bitcoin futures contracts.
  • Gemini looks forward to “definitively proving” the allegations to be false.

The Commodities Futures Trading Commission (CFTC) is suing cryptocurrency exchange Gemini Trust Company LLC for “making false or misleading statements of material facts,” according to a press release from the CFTC.