Gemini is a major cryptocurrency exchange and market for Bitcoin futures. The Commodity Futures Trading Commission (CFTC) filed a lawsuit against Gemini for making false or misleading statements pertaining to their self-certification of a bitcoin futures product. The complaints contains several sections detailing allegations of “false or misleading statements and omissions” concerning loans and advances, self-trading, fee rebates and overrides, and trading volume and liquidity. The lawsuit seeks a permanent injunction preventing Gemini from engaging in trading activities, as well as civil penalties and forfeiture of money earned through their alleged violations of the law.