Judge Denies Gemini's Bid to Vacate CFTC Misleading Conduct Order
A federal judge has upheld a 2025 order requiring Gemini to avoid misleading the CFTC, despite the exchange's attempt to overturn it.
A federal judge has upheld a 2025 order requiring Gemini to avoid misleading the CFTC, despite the exchange's attempt to overturn it. This is an original Token Times brief synthesising 2 outlets (Cryptopolitan, Unchained), plus live market data, as of Fri, 16 Oct 2026 11:45:01 UTC.
The ruling reinforces regulatory oversight of crypto exchanges and underscores the lasting consequences of past compliance failures. It signals that regulatory settlements may have enduring implications even as enforcement approaches evolve.
- Federal judge rejects Gemini's attempt to vacate 2025 CFTC order
- Order includes $5M penalty and injunction against misleading the CFTC
- Ruling comes despite CFTC's updated enforcement stance
- Decision highlights lasting regulatory consequences for compliance failures
Cryptopolitan and Unchained both report that Judge Alvin Hellerstein of the Southern District of New York denied Gemini's joint motion with the CFTC to vacate a 2025 order. The order, which carries a $5 million penalty and an injunction against misleading the CFTC, remains in place. While both outlets agree on the core ruling, Unchained provides additional context about the CFTC's updated enforcement stance and documents obtained by Gemini after the settlement, which the judge deemed insufficient to justify vacating the order.
A federal judge has upheld a 2025 order that prohibits Gemini from misleading the Commodity Futures Trading Commission (CFTC), rejecting the exchange's attempt to overturn the decision. The ruling, issued by Judge Alvin Hellerstein of the Southern District of New York, maintains a permanent injunction and a $5 million penalty against Gemini.
The joint motion by Gemini and the CFTC to vacate the order was denied despite the CFTC's recent shift in enforcement policy. The CFTC had argued that its updated approach to enforcement and new documents obtained by Gemini justified revisiting the 2025 order.
According to Unchained, Judge Hellerstein stated that the CFTC's new enforcement stance and the documents provided by Gemini were insufficient to warrant vacating the order. This decision underscores the lasting regulatory consequences for crypto exchanges that fail to comply with oversight requirements.
The case is significant as it reflects the ongoing scrutiny of crypto platforms by US regulators. The ruling suggests that past compliance issues can have enduring implications, even as regulatory approaches evolve.
In the broader market context, the total crypto market cap stands at $2.84 trillion, with 
Bitcoin up 1.74% in the last 24 hours. The overall market sentiment, as measured by the Fear & Greed Index, is at 63, indicating a 'Greed' level.
Judge Denies Gemini's Bid to Vacate CFTC Misleading Cond — questions & answers
What was the outcome of Gemini's attempt to vacate the CFTC order?
Judge Alvin Hellerstein denied the motion, maintaining the 2025 order with a $5 million penalty and injunction.
Why did the judge reject the motion to vacate the order?
The judge found the CFTC's new enforcement stance and documents provided by Gemini insufficient to justify vacating the order.
What is the significance of this ruling for the crypto industry?
The ruling reinforces the importance of regulatory compliance and shows that past violations can have lasting consequences.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Cryptopolitan, Unchained, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.