CryptoBullishBlockonomi · 2h ago7/10
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CFTC and Gemini Jointly Move to Vacate 2022 Consent Order After Enforcement Review
The CFTC and Gemini jointly moved to vacate a 2022 consent order after an internal enforcement review revealed the original complaint lacked sufficient evidentiary basis and relied heavily on a whistleblower with credibility issues. The agency acknowledged that personnel misused regulatory authority to gain leverage during settlement negotiations, marking a significant reversal in a high-profile crypto enforcement action.
🧠 Gemini