US judge rejects CFTC and Gemini's request to revoke $5 million settlement agreement
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US District Judge Alvin Herstein dismissed the joint request by CFTC and Gemini to revoke the $5 million settlement agreement. This agreement involves the proposed Bitcoin futures contract. In 2022, the CFTC accused Gemini of making false or misleading statements during regulatory review, and Gemini agreed to a settlement of $5 million in January 2025. The CFTC's subsequent internal review raised doubts about the original complaint and evidence, but the judge ruled that changes in regulatory enforcement priorities and reassessment of evidence were insufficient to restart the judgment, and the original settlement agreement and permanent injunction remained unchanged. (Source: Bitcoin News)