US Markets Regulator Sues Crypto Exchange Gemini Over Alleged Violations Regarding Bitcoin (BTC) Futures Product - BitcoinEthereumNews.com
Bitcoin क्रिप्टोUS Markets Regulator Sues Crypto Exchange Gemini Over Alleged Violations Regarding Bitcoin (BTC) Futures Product06 / 03 / 2022बिटकॉइन एथेरियम समाचार The Commodities Futures Trading Commission (CTFC) is bringing charges against the Gemini crypto exchange, alleging employees made false and incomplete statements to the agency. In a new press release, the CFTC की घोषणा it has filed a complaint against the Gemini Trust Company in the State of New York in conection with the 2017 evaluation period of the companys proposed Bitcoin (BTC) futures contract product. In claiming Gemini made false statements and omissions, the CFTC “seeks disgorgement of ill-gotten gains, civil monetary penalties, injunctions relating to registration and trading, and an injunction against further violations of the Commodity Exchange Act (CEA).” CFTC Acting Director of Enforcement Gretchen Lowe explains the commissions rationale for suing Gemini, “Making false or misleading statements to the CFTC in conection with a futures product certification undermines the CFTCs work to ensure the financial integrity of all transactions subject to the CEA, protect market participants, deter and prevent price manipulation, and promote responsible inovation and fair competition.” Gemini is run by the famed Winklevoss twin brothers who got their start as early Facebook developers. In an unrelated anouncement, Gemini कहते हैं