Foresight News reports that a judge in New York has postponed the civil trial between the Commodity Futures Trading Commission (CFTC) and Gemini Trust to January 21, 2024, from the originally scheduled trial date of January 13. The case stems from the CFTC's allegations against Gemini in 2022, accusing it of providing false or misleading statements to the CFTC when applying for Bitcoin futures contracts in 2017. The postponed trial date will follow the inauguration of a new president, which may influence the CFTC's stance towards Gemini and other crypto companies. The court stated that further postponements will not be granted unless there are exceptional circumstances.

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