Former executives at cryptocurrency exchange Gemini Trust Co were the subject of a now-closed criminal investigation surrounding the company’s debut of the first US-related Bitcoin futures contract, according to a court filing.
The probe focused on issues at the heart of a civil case brought by the Commodity Futures Trading Commission in June. Regulators accused the Winklevoss twins’ exchange of misleading authorities about how it would prevent manipulation in Bitcoin prices that were to serve as a reference for the derivatives based on the cryptocurrency.
