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US federal judge denies joint Gemini-CFTC bid to undo $5 million settlement

Federal judge denies Gemini-CFTC bid to undo $5 million settlement.

What happened: A US federal judge denied a joint bid by Gemini and the CFTC to undo a $5 million settlement. The court noted Gemini settled voluntarily three weeks before trial. Key numbers: $5 million settlement; three weeks before trial. Why it matters: The court held that policy changes do not warrant reopening the judgment, leaving the settlement in place.
A US federal judge denied a joint bid by Gemini and the CFTC to undo a $5 million settlement. The court noted Gemini settled voluntarily three weeks before trial.
The court held that policy changes do not warrant reopening the judgment, leaving the settlement in place.
Sources