The Commodity Futures Trading Commission (CFTC) is considering revoking a consent order against Gemini, a move described by legal experts as "unusual." Current CFTC Chair Caroline Pham reportedly supports the Winklevoss brothers' stance that the lawsuit against Gemini should not have been filed. The decision on the revocation will be made by a judge in the U.S. District Court for the Southern District of New York. This development follows the disclosure of private messages from Brian Quintenz, a former CFTC chair nominee, who had previously refrained from commenting on enforcement actions related to Gemini.
CFTC May Revoke Gemini Consent Order in Unprecedented Move
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