🚀 Crypto News Flash! 🚀

Gemini, the crypto exchange by the Winklevoss twins, will pay a $5M penalty to the CFTC. This settlement resolves allegations of misleading info during their bid to launch the first regulated Bitcoin futures in the U.S.

🔹 The CFTC's complaint, filed in June 2022, accused Gemini of false statements from July to December 2017.

🔹 Gemini settled without admitting guilt, avoiding a trial set for January 2025.

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