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The US Commodity Futures Trading Commission (CFTC) has announced a joint application with Gemini Trust Company LLC for exemption from judgment in a lawsuit filed in June 2022. The CFTC review found that the case did not meet current enforcement standards and identified six major issues, including lack of credibility in whistleblower statements, failure to focus on suspected fraudsters, questionable evidence strength, failure to provide key evidence to commissioners, litigation lawyers preventing Gemini from obtaining defense evidence, and improper use of regulatory power to create settlement pressure.