Judge Denies Gemini, CFTC Bid to Overturn $5M Settlement

• A federal judge ruled against the CFTC and Gemini's bid to overturn a $5 million settlement from January 2025.
• The judge found that changes in CFTC enforcement priorities and allegations of misconduct were insufficient to overturn the settlement.
• Gemini voluntarily settled three weeks before the trial, which the court noted as a significant factor.
• The court determined that policy changes do not warrant reopening the judgment.