PANews reported on January 15 that according to the announcement of the U.S. Commodity Futures Trading Commission (CFTC), the Federal District Court for the Southern District of New York issued a consent order to Gemini Trust Company LLC, ruling that it violated the Commodity Exchange Act (CEA) and provided false or misleading information. Gemini was sentenced to pay a civil penalty of US$5 million and was subject to a permanent injunction.

The case involves Gemini's submission of false or undisclosed key information to the CFTC between July and December 2017 to support its self-certification of Bitcoin futures contracts, including "advance payment requirements," "self-trading precautions," "fee refunds," and trading volume and liquidity data.