Gemini has filed a complaint with the CFTC alleging that the agency's law enforcement division launched a seven-year "legal battle"
2025-06-18 05:59:17
Gemini, a cryptocurrency exchange, filed a complaint with the CFTC's inspector general, alleging a seven-year "legal battle" by the agency's enforcement division, saying it was motivated by career advancement rather than consumer protection. Gemini said the entire investigation stemmed from a "lie-filled" whistleblower by a fired former chief operating officer, Benjamin Small, who was later found to be fraudulent by an arbitrator. Despite this, Gemini ultimately paid a $5 million fine to settle the case.
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