The information that emerged during the trial of the Winklevoss twins became of interest to the Commission on Climate Change.US Commodity Futures Trading (CFTC). The agency launched an investigation into the activities of the exchange.
Winklevoss twins win lawsuitagainst former chief operating officer of Gemini, Ben Small, who accused them of wrongful dismissal for disclosing information about the transactions of Pearl Street Loans, Gemini's creditor.
According to Law360, after the trial, the CFTC launched an investigation into the exchange's activities.Details are not yet known.
According to a court decision, in 2017 Small wasrightfully dismissed for "gross negligence" in the performance of his duties. In addition, his actions resulted in millions of dollars in losses for Gemini. Small was ordered to pay legal fees, estimated by the firm to be over $5 million.
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