PANews June 17 news, according to Cointelegraph, Gemini accused the U.S. Commodity Futures Trading Commission (CFTC) enforcement department of abusing legal means for "war merit". In June 2022, the CFTC sued Gemini Trust, claiming that it made false or misleading statements when the CFTC assessed whether Bitcoin futures contracts were susceptible to manipulation in 2017. In January 2023, Gemini Trust paid a $5 million fine to settle the allegations, but did not admit or deny the findings. In a letter to the CFTC Inspector General, Gemini Trust stated that the law enforcement department relied on a false whistleblower report from Benjamin Small, the exchange's former operations director, in 2017 to file a lawsuit. Small was fired for allegedly concealing the loss of "millions of dollars in kickback fraud" and then maliciously reported. Gemini Trust said that its Bitcoin futures contracts have been running in good order for 19 months and there are no allegations of manipulation. Gemini Trust also stated that CFTC Acting Chairman Caroline Pham is taking measures to rectify the law enforcement department, but the reform requires deep reflection and long-term commitment from the agency, and Gemini Trust is willing to provide assistance.