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U.S. CFTC sues crypto exchange Gemini over misleading statements from 2017 -Breaking

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© Reuters. Signage is seen exterior of the US Commodity Futures Buying and selling Fee (CFTC) in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly/Recordsdata

(Reuters) – The U.S. CFTC filed a federal lawsuit in New York accusing Gemini Belief Co of creating false and deceptive statements regarding a bitcoin futures contract the agency was pursuing in 2017.

The company contends that Gemini, a crypto alternate led by Cameron and Tyler Winklevoss, violated federal legal guidelines governing commodities, and is looking for civil fines and different treatments.

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