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

Cryptocurrency

28th May 2026

Gemini Co-founders Tyler Winklevoss and Cameron Winklevoss attend the company's IPO at the Nasdaq MarketSite in New York City, U.S., Sept. 12, 2025.

The move by the Commodity Futures Trading Commission to vacate a consent order against the cryptocurrency exchange company Gemini Trust is "very unusual," a former CFTC chair told CBNB's "Squawk on the Street" on Thursday.

This is breaking news. Please refresh for updates.

Author

Dan Mangan

Source

cnbc.com

ORACLEˆ

A Powerful AI Strategy & Indicator

ORACLE^ Circles and Trend Line

Clear and concise chart visuals, the only indicator you will ever need!

Ready to Use

Configured out of the box for practically any market, cryptocurrency or securities. Leveraging the power of Tradingview.com

Trade with confidence

Use the ORACLE^ Circles and Trend Line to make easy data backed trading decisions

We built one of the smartest in class Indicators that is a powerful trading tool to help magnify your investment gains in practically any market.

With the ORACLE^ Circles that light up red or green, you won't have to worry about indecisive short or long trade entries. The ORACLE^ Trend Line provides further confidence on market direction giving you a higher chance of executing a profitable trade, everytime.

DISCOVER