Wire · operational-macro
Judge Alvin K. Hellerstein Denies Gemini and CFTC Bid To Vacate $5 Million Settlement
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Fusion42 · 17 October 2026 · Fusion42 review
U.S. District Judge Alvin K. Hellerstein denied Gemini and the CFTC's joint request to vacate a $5 million settlement and permanent injunction related to misleading statements during a Bitcoin futures review. The ruling upholds the original January 2025 consent order and clarifies that shifts in policy do not override settled legal obligations.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it.
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You will find that earlier regulatory settlements in crypto are still binding despite recent policy changes. This ruling means you can no longer expect past enforcement cases to be quietly overturned with shifting political winds.
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2 sources · 16 Oct 2026
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