CFTC Joins Gemini in Motion for Relief from 2025 Consent Judgment
CFTC joined Gemini Trust Company in a motion for relief from the January 2025 consent order following a comprehensive enforcement review.
The CFTC's collaboration with Gemini to revisit a prior consent order suggests a shift in enforcement philosophy under current leadership. Crypto firms with outstanding CFTC consent orders may see opportunities for renegotiation or relief.
Indicates evolving CFTC stance on prior crypto enforcement actions, potentially reducing legacy compliance burdens for similarly situated firms.
Action Required
Reassess enforcement risk posture for crypto firms; monitor signals of CFTC reconsidering prior settlements with digital asset platforms.
Joint motion to undo a prior consent order signals a notable enforcement-policy shift toward digital asset firms.
CFTC's joint motion with Gemini suggests potential reassessment of crypto-related consent orders. Firms with similar settlements should evaluate whether parallel relief avenues exist and monitor enforcement priorities.
“The CFTC joined Gemini Trust Company LLC in a motion for relief from judgment in CFTC v. Gemini Trust Company LLC, following a comprehensive review of the investigation history.”
Published: 2026-05-29