Judge rejects CFTC, Gemini bid to vacate $5 million settlement法官驳回了美国商品期货交易委员会(CFTC)和双子星公司(Gemini)撤销500万美元和解协议的请求。
WASHINGTON, Oct 16 (Reuters) - A federal judge in Manhattan has rejected a joint request by the US Commodity Futures Trading Commission and Gemini, a cryptocurrency exchange founded by twin brothers Cameron and Tyler Winklevoss, to undo a $5 million settlement from the Biden administration.

A screen displays the Gemini signage, during the company's IPO at the Nasdaq MarketSite in New York City, U.S., September 12, 2025. REUTERS/Jeenah Moon
WASHINGTON, Oct 16 (Reuters) - A federal judge in Manhattan has rejected a joint request by the US Commodity Futures Trading Commission and Gemini, a cryptocurrency exchange founded by twin brothers Cameron and Tyler Winklevoss, to undo a $5 million settlement from the Biden administration.
In a ruling on Thursday, US District Judge Alvin Hellerstein said the agency and Gemini Trust Co had not met the standards required to set asidethe settlement, which resolved a lawsuit over statements Gemini made during the agency's review of a proposed bitcoin futures contract.
The CFTC and a lawyer for Gemini did not immediately respond to requests for comment.
The CFTC sued Gemini in 2022, alleging the company made false or misleading statements during the agency's review of the proposed futures product. The January 2025 settlement came at the end of Democratic President Joe Biden’s administration and shortly before a trial.
Republican President Donald Trump’s administration has taken a friendlier, narrower approach to crypto sector enforcement.
The commodities agency and Gemini in May jointly asked Hellerstein, appointed by Democratic President Bill Clinton, to wipe out the settlement and court order. They said in a filing that the agency’s complaint, lodged in 2022, would not have been filed under new enforcement policy priorities and standards under Trump.
The court filing said regulators should not have accusedGemini of making false statements in connection with its bitcoin futures business. The CFTC and Gemini said the CFTC had "resorted to inappropriate tactics" to bring a lawsuit.
Gemini agreed not to receive a refund on the $5 million penalty if the settlement were vacated.
Hellerstein said Gemini had litigated against the CFTC for more than three years before voluntarily agreeing to settle and that the agency's current view of the case does not require vacating the settlement.
The Winklevoss twins became widely known after accusing Mark Zuckerberg of stealing their idea for Facebook, a dispute that ended with a 2008 settlement that included cash and company stock.
(Reporting by Mike Scarcella; Editing by Sanjeev Miglani)
Thank you for your report!
China mulls banning, restricting export of some AI, biomedicine, photovoltaic technologies
Cosmos Technology secures RM3.93mil supply contract
Malaysia-China ties to go beyond technology transfer, says DPM
2025年9月12日,在美国纽约纳斯达克交易所,Gemini公司首次公开募股(IPO)期间,屏幕上显示着Gemini的标志。路透社/Jeenah Moon
华盛顿,10 月 16 日(路透社)——曼哈顿的一名联邦法官驳回了美国商品期货交易委员会和由双胞胎兄弟卡梅伦和泰勒·温克莱沃斯创立的加密货币交易所 Gemini 的联合请求,该请求旨在撤销拜登政府支付的 500 万美元和解金。
美国地区法官阿尔文·海勒斯坦 (Alvin Hellerstein) 周四裁定,该机构和 Gemini Trust Co 未能达到撤销和解协议所需的标准。该和解协议解决了 Gemini 在机构审查拟议的比特币期货合约期间发表的声明而引发的诉讼。
美国商品期货交易委员会和 Gemini 公司的律师均未立即回应置评请求。
美国商品期货交易委员会(CFTC)于2022年起诉Gemini公司,指控该公司在CFTC审查其拟议期货产品期间作出虚假或误导性陈述。双方于2025年1月达成和解,当时正值民主党总统乔·拜登任期结束之际,距离审判开始也仅不久。
共和党总统唐纳德·特朗普的政府对加密货币行业的执法采取了更为友好、更为狭隘的方式。
今年5月,商品期货交易委员会和Gemini公司联合请求由民主党总统比尔·克林顿任命的法官赫勒斯坦撤销和解协议和法院命令。他们在提交的文件中表示,该机构于2022年提出的投诉,在特朗普政府新的执法政策重点和标准下,将不会被提起。
法庭文件称,监管机构不应指控Gemini就其比特币期货业务作出虚假陈述。美国商品期货交易委员会(CFTC)和Gemini均表示,CFTC提起诉讼“采用了不当手段”。
如果和解协议被撤销,Gemini同意不退还500万美元的罚款。
赫勒斯坦表示,Gemini 公司与美国商品期货交易委员会 (CFTC) 进行了三年多的诉讼,之后自愿同意和解,而 CFTC 目前对该案的看法并不要求撤销和解协议。
温克莱沃斯兄弟因指控马克·扎克伯格窃取了他们创建 Facebook 的创意而广为人知,这场纠纷最终在 2008 年以和解告终,和解协议包括现金和公司股票。
(迈克·斯卡塞拉报道;桑吉夫·米格拉尼编辑)
感谢您的报告!
中国考虑禁止或限制部分人工智能、生物医药和光伏技术的出口
Cosmos Technology 获得价值 393 万令吉的供应合同
马中关系将超越技术转让,副总理表示。