CFTC Says Gemini Can't Pin Misstatements On 'Intermediary'

Gunnar Larson g at xny.io
Tue Apr 23 05:42:15 PDT 2024


CFTC Says Gemini Can't Pin Misstatements On 'Intermediary'
<https://www.law360.com/fintech/articles/1828018?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-04-23&read_main=1&nlsidx=0&nlaidx=3>

By Aislinn Keely

The U.S. Commodity Futures Trading Commission has told a New York federal
court that cryptocurrency exchange Gemini Trust Co. LLC is seeking to
"shirk responsibility" for misleading the agency's staff about the risks of
a proposed bitcoin futures contract.

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