Gemini has reached a $5 million settlement with the U.S. Commodity Futures Trading Commission (CFTC) over allegations that it made misleading statements about the price manipulation of its Bitcoin futures contracts. 🌐

- The Winklevoss brothers’ exchange reached a settlement without admitting or denying liability.

- The CFTC had filed a lawsuit against Gemini in 2022.

- The settlement includes an injunction to prevent future misrepresentations.

Gemini is also facing another lawsuit with the SEC. 💼

Share your thoughts in the comments! How do you think these types of regulations affect the crypto world?