The Commodity Futures Trading Commission (CFTC) has joined crypto exchange Gemini's motion for relief from a prior judgment stemming from the agency's 2022 enforcement action.
On Wednesday, the two jointly filed a motion requesting the federal judge to vacate the January 2025 consent order against Gemini, including a permanent injunction.
In a press release, the CFTC wrote that it has conducted a comprehensive review of the case, including its history, evidence, litigation tactics, and changes in the federal digital asset policy.
"As a result, the CFTC concluded the complaint should not have been filed — and would not have been under current enforcement standards," CFTC wrote in the release.
Legal enforcement
