The judge has postponed the trial date between the CFTC and Gemini to January 21

2024-12-31 08:05:45

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ChainCatcher news, according to Cointelegraph, a U.S. court has postponed the CFTC vs. Gemini case to January 21, 2025. U.S. District Judge Alvin Hellerstein announced that the hearing date for the civil case between the Commodity Futures Trading Commission (CFTC) and Gemini Trust Company has been moved from the originally scheduled January 13, 2025, to January 21, and made it clear that there will be no further delays.

The CFTC filed a lawsuit against Gemini in June 2022, accusing it of providing false or misleading information when applying for Bitcoin futures contracts in 2017, and seeking the return of illegal profits, civil penalties, and injunctions. The delay in the case may be influenced by the incoming administration and new congressional policies.

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