CFTC sues Gemini over 2017 bitcoin futures case

CFTC sues Gemini over 2017 bitcoin futures case

Gemini partnered with Cboe to launch the country's first bitcoin futures contracts.

The Commodity Futures Trading Commission sued New York-based crypto exchange Gemini on Thursday over allegations that the exchange's employees misled agency staff in July and August 2017 about how easily the price of a bitcoin futures contract could be manipulated to convince the agency to allow the bitcoin futures contract to trade.

This is a developing story and will be updated.