Gemini Criticizes CFTC’s Enforcement Tactics Following Settlement Dispute

The recent developments in the enforcement actions by the U.S. Commodity Futures Trading Commission (CFTC) against the crypto exchange Gemini have sparked significant attention within the legal community. On Tuesday, Gemini openly criticized the CFTC’s Enforcement Division, branding it as “out of control.” The firm accused the attorneys involved of engaging in “trophy-hunting lawfare,” following the settlement of a case that has spurred much debate. For a detailed account of the issue and statements made by Gemini, visit Law360.