The Commodity Futures Trading Commission has sued Gemini, the crypto exchange owned by Cameron and Tyler Winklevoss.
In a statement Thursday, the CFTC said it sued Gemini for “making false or misleading statements of material facts or omitting to state material facts to the CFTC in connection with the self-certification of a bitcoin futures product.”
D'Agence sot:
"Laut der Plainte, Gemini, direkt an duerch den DCM, huet d'CFTC Informatioun iwwer d'Gemini Handelsplattform an d'Gemini Bitcoin Auktioun zur Verfügung gestallt, a verschidde Aussoen an Informatioune vun Gemini vermëttelt oder ewechgelooss ware falsch oder irféierend mat Respekt, ënner anerem , Fakten relevant fir ze verstoen ob de proposéierte Bitcoin Futures Contract liicht empfindlech wier fir Manipulatioun. Wéi an der Plainte behaapt, Gemini Personal wousst oder raisonnabel sollte wëssen datt sou Aussoen falsch oder irféierend waren.
Cboe’s cash-settled bitcoin futures utilized price data from Gemini’s exchange when they launched in December 2017, as the firms announced at the time. The complaint does not name Cboe.
When reached for comment, a Gemini spokesperson told The Block: “Gemini has been a pioneer and proponent of thoughtful regulation since day one. We have an eight year track-record of asking for permission, not forgiveness, and always doing the right thing. We look forward to definitively proving this in court.”
A copy of the complaint was not immediately available at press time. The CFTC and Cboe did not immediately respond to requests for comment.
This news is developing and will be updated with more information.
Updated with CFTC statement and court complaint. Updated with comment from Gemini.
Enf Gemini Complaint 060222 by Mike McSweeney on Scribd
Source: https://www.theblockcrypto.com/linked/149904/cftc-accuses-winklevoss-owned-crypto-exchange-gemini-of-misleading-statements-in-new-lawsuit?utm_source=rss&utm_medium=rss