Gemini agrees to a $5M penalty as part of proposed CFTC order
![Gemini agrees to a M penalty as part of proposed CFTC order Gemini agrees to a M penalty as part of proposed CFTC order](https://i0.wp.com/images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDEvMDE5NDNjZTctMjE0Yi03OTJlLThhNjItNWJjMzhiZTUxNTRi.jpg?w=1200&resize=1200,0&ssl=1)
Source: Coin Tegraph
The proposed consent order, if approved by a judge, could allow Gemini Trust to avoid a Jan. 21 civil trial with the CFTC over alleged “false and misleading” statements.