A US federal judge has denied a joint request from Gemini and the Commodity Futures Trading Commission (CFTC) to overturn a $5 million settlement. This decision upholds the previously agreed financial penalty related to regulatory issues. The ruling signals the court's support for enforcement actions in the cryptocurrency sector. Gemini and CFTC must now comply with the settlement terms as ordered by the court.
The recent court ruling involving Gemini and the CFTC is noted here with Pluang's cryptocurrency market data for context. For readers following crypto markets, here is Pluang's snapshot as of Oct 16, 2026 16:31 WIB: out of 50 major cryptocurrencies priced on Pluang, 45 rose and 4 fell today. Notable movers include EOS at Rp12.649 with an 8.13% increase and a typical hold time of 87 days, XTZ at Rp5.696 up 7.72% with 77% sell order activity and a 100-day hold time, and AAVE at Rp2.893.749 rising 7.19% with 69% sell order activity and a 106-day hold time.
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