Winklevoss-Twins’ Crypto Exchange Gemini Sued by US regulator; Here’s Why

  • Winklevoss-twins-owned Gemini is on the firing line of the US regulator.
  • The Commodity Futures Trading Commission (CFTC) is presently suing the crypto exchange for allegedly misleading the regulator when gaining approval for a Bitcoin futures product in 2017.
  • The exchange, directly and through its designated contract market, allegedly summited false or misleading Bitcoin pricing data between July 2017 to December 2017 to the regulator.
[Via]

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