🚨 Gemini Takes Legal Aim at CFTC, Alleges “Lawfare” and Misconduct in 2022 Lawsuit

⚖️ In a bold move, Gemini has officially filed a complaint against the CFTC’s Enforcement Division, accusing the agency of engaging in a multi-year campaign of “lawfare” — leveraging legal pressure without substantial evidence.

🔍 The complaint stems from the 2022 lawsuit that resulted in a $5M settlement earlier this year. Gemini now claims the case was built on false testimony from a discredited former employee and lacked proof of intentional wrongdoing throughout the seven-year process.

📢 Gemini is also calling out what it describes as a “toxic” culture within the agency, while expressing support for Acting Chair Caroline D. Pham’s push for reform.

🇺🇸 This case could have far-reaching implications for the relationship between crypto companies and U.S. regulators.

#Gemini #CFTC #CryptoRegulation #DigitalAssets #Blockchain

https://coingape.com/gemini-files-complaint-against-cftc-alleges-lawfare-in-2022-lawsuit/