The CFTC moves to vacate a $5M settlement with Gemini, reversing a Biden-era enforcement action, following a lobbying campaign by the Winklevoss twins Wall Street Journal 2026-05-29 CFTC, Gemini, Biden, Winklevoss Related Coverage CFTC Sues to Block State Enforcement in Rhode Island Amid Ongoing Efforts to Preserve Jurisdiction CFTC Watchdog Agency Seeks to Reverse Its Own Win Against a Crypto Firm New York Times · Sharon LaFraniere CFTC Seeks to Vacate Gemini's $5 Million Settlement in Major Reversal of Crypto Enforcement Case Cryip · Sathish Kumar Kaliraj US regulator moves to withdraw $5 million penalty against Winklevoss' crypto exchange Reuters · Dietrich Knauth The US CFTC files alongside Gemini to nullify Gemini's $5M January 2025 settlement, arguing that the agency's current management wouldn't have pursued the case CoinDesk · Jesse Hamilton Trump admin hit by more self-dealing allegations Politico Clarity Act Risks Regulation Without Oversight, Brookings Fellow Says CoinDesk Discussion @marypcbuk Mary Branscombe on bluesky is there a scorecard of the crypot kids getting what they paid to elect trump for? [embedded post]