According to the complaint, Gemini, directly and through the DCM, provided information to the CFTC concerning Gemini’s trading platform and the Gemini Bitcoin Auction, and certain statements and information conveyed or omitted by Gemini were false or misleading with respect to, among other things, facts relevant to understanding whether the proposed Bitcoin Futures Contract would be readily susceptible to manipulation.
In performing its market oversight responsibilities, the Commission and its staff must be able to rely on information submitted by market participants to the Commission and its staff.
The Division of Enforcement staff members responsible for this case are Christopher Giglio, Trevor Kokal, David W.