Winklevoss-led Gemini Trust Co. agrees to pay $5 million to settle CFTC charges in proposed order

In a “proposed consent order” on Monday signed by the CFTC and Gemini, the company agreed to settle while not admitting or denying the allegations.The agency said Gemini made untrue statements between July 2017 and December 2017 to the CFTC when it was being evaluated for a bitcoin futures contract.