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CFTC Sues Gemini Over Bitcoin Futures Case From 2017

The Commodity Futures Trading Commission (CFTC) sued Gemini Trust Company LLC on allegations the crypto exchange’s staff misled the federal regulator during Gemini’s 2017 effort to launch trading of what would have been the United States' first bitcoin futures contracts. CoinDesk Managing Editor for Global Policy & Regulation Nikhilesh De discusses the details of the lawsuit and its implications for bitcoin spot ETFs.