Crypto Exchange Gemini Settles With CFTC, Pays $5 Million Fine

The Winklevoss twins’ Gemini agreed to settle a case with the CFTC, paying a fine of $5 million. Gemini neither confirmed nor denied charges of misleading the finance regulator. Tyler and Cameron Winklevoss made major efforts to support pro-crypto candidates in the last election but have criticized the CFTC on multiple issues. Many industry advocates want the CFTC to take over crypto... source: https://beincrypto.com/winklevoss-twins-gemini-settle-cftc-5-million/