CFTC bid to vacate order against Winklevoss' crypto exchange 'very unusual': ex-agency chief

Gemini's founders, Tyler and Cameron Winklevoss, were donors to the 2024 election campaign of President Donald Trump.

CFTC calls for revocation of consent order against Gemini Space Station unit, shares up

The Commodity Futures Trading Commission has called for the revocation of a January 2025 consent order against the Gemini Space Station's (GEMI) cryptocurrency exchange and custodian platform, Gemini ...
Opinion

CFPB’s Vought defends terminating Citi consent order

There are no unfulfilled obligations as of the date of termination, and Citi committed to ongoing monitoring regardless of termination,” the CFPB acting director wrote to lawmakers this week.
Hoodline

Feds Ask Manhattan Judge To Wipe $5 Million Hit On Winklevoss Crypto Exchange

Regulators have moved to undo Gemini’s $5M penalty after new filings question the evidence behind the settlement.
JD Supra

More Early Terminations of Redlining Consent Orders

Richard Andreano Jr., John Culhane Jr. Also, while the CFPB sought court approval to rescind the November 2024 redlining consent order with Townstone Financial, the court denied the motion. The DOJ ...
JD Supra

Consent Orders Are Dead.

Seyfarth Synopsis: On August 22, 2024, the National Labor Relations Board (“NLRB” or the “Board”) issued a decision in Metro Health, Inc. d/b/a Hospital Metropolitano Rio Piedras ending more than 50 ...