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Trump-Era CFTC Moves To Scrap $5 Million Gemini Penalty Tied To Winklevoss Twins

CFTC Moves To Scrap
International Business Times Fews App News Provider
Fews App Post Time 23h ago

Cameron Winklevoss and Tyler Winklevoss, co-founders of Gemini Trust Co, attempted to donate $1 million each in bitcoin to Trump's 2024 presidential campaign, though the contributions were partially refunded after exceeding federal donation limits. Getty Images The Commodity Futures Trading Commission has asked a federal judge to vacate a $5 million settlement imposed last year on Gemini Trust Company, the cryptocurrency exchange founded by billionaire twins Cameron and Tyler Winklevoss. The move represents a dramatic reversal by the agency under President Donald Trump's administration.

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