According to Eleanor Terrett, Gemini has formally filed a complaint against the CFTC Enforcement Division, alleging a persistent 7-year campaign of 'lawfare' targeting the crypto exchange instead of pursuing actual wrongdoers (source: @EleanorTerrett on Twitter, June 17, 2025). This legal escalation could create further regulatory uncertainty in the US crypto market, potentially increasing volatility for traders on platforms like Gemini and affecting the broader perception of regulatory risk across major exchanges.

According to Eleanor Terrett on Twitter, the SEC has published the full complaint against a major cryptocurrency exchange, detailing alleged violations that could significantly impact trading activities for BTC and ETH. The complaint outlines regulatory concerns about the exchange’s token listings and compliance procedures, leading to immediate market volatility and heightened risk sentiment among traders. Analysts note that historical SEC actions have resulted in short-term price drops and increased sell pressure for affected assets. Traders are advised to monitor liquidity and volatility on BTC and ETH pairs closely as further regulatory updates are anticipated. Source: Eleanor Terrett, Twitter, June 17, 2025.