A U.S. court has postponed the hearing date for the CFTC and Gemini case to January 21, 2025, from the original date of January 13. U.S. District Judge Alvin Hellerstein stated that there will be no further delays after this adjustment. 🌐
The CFTC filed a lawsuit against Gemini in June 2022, accusing it of providing false information when applying for Bitcoin futures contracts in 2017. The case involves illegal profit returns, civil penalties, and injunctions. ⚖️
The delay in the case may be related to the incoming government and new congressional policies. Investors may need to stay alert regarding the impact on the cryptocurrency market. 📊
This postponement provides the market with more time to digest potential policy changes. 🔍