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#CryptoMarketDip Cryptocurrency exchange Gemini has agreed to pay $5 million to settle a case with the U.S. Commodity Futures Trading Commission over allegedly misleading statements it made more than seven years ago about the ease of pricing a futures contract on bitcoin could have been manipulated. Gemini also faces another case with the Securities and Exchange Commission (SEC). A judge ruled in March that the SEC could sue the exchange for violating securities laws. In the absence of legislation specific to the cryptocurrency industry, US regulators have filed lawsuits against several cryptocurrency exchanges, including Coinbase and Binance, for violating securities laws. source coindesk news