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CFTC Chair Claims Gemini Case was Politically Motivated, Seeks to Reverse $5M Settlement

Posted on June 2, 2026
By Cointelegraph
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1 min read

CFTC Chair Claims Gemini Case was Politically Motivated, Seeks to Reverse $5M Settlement

CFTC Chair Michael Selig claimed that the Biden administration “weaponized” federal agencies against companies like Gemini, whose co-founders donated $1 million each to Donald Trump’s 2024 campaign.