The civil case between the US financial regulator and Gemini Trust Company was initially scheduled to go to trial before Donald Trump’s inauguration.
A New York judge has delayed the start of a trial in a case between the United States Commodity Futures Trading Commission (CFTC) and the Gemini Trust Company, first filed in 2022.
In a Dec. 30 filing in the US District Court for the Southern District of New York, Judge Alvin Hellerstein pushed the start date of the CFTC v. Gemini civil trial from Jan. 13 to Jan. 21, adding that “no further adjournments will be granted.”
The delay moves the start date of the trial under a new presidential administration, which could affect the CFTC’s position on Gemini and other crypto firms.
