Gemini Trust Co. has settled its lawsuit with the CFTC with a $5 million settlement. 💼

- The settlement allows Gemini to close the case without admitting or denying liability.

- The CFTC had accused Gemini in 2022 of providing misleading information about its strategies to prevent Bitcoin price manipulation.

- The development reflects the Joe Biden administration’s tightening regulatory control over crypto. 🌐

The future of blockchain technology and cryptocurrencies is promising!