CFTC Chair Selig Seeks to Withdraw $5M Gemini Settlement Reached in January 2025

According to ChainCatcher, CFTC Chair Michael Selig requested last week that a federal court withdraw a $5 million settlement the agency reached with crypto exchange Gemini in January 2025. Selig stated the Biden administration's enforcement action was "politically targeted" at Gemini co-founders and said he is pushing to correct the case handling approach.
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