Gemini Trust Co. has agreed to pay $5 million to settle a lawsuit from the CFTC that accused the firm of deceiving authorities in its attempt to launch the first regulated Bitcoin futures contract in the U.S.

🔍 Details:

- The settlement was filed in a New York court.

- Gemini neither admits nor denies liability, avoiding a trial.

- The CFTC alleged misleading information about price manipulation in 2017.

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