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The judge postponed the CFTC-Gemini trial until January 21

New York court judge Alvin Hellerstein has decided to postpone the trial of the civil case between the U.S. Commodity Futures Trading Commission (CFTC) and Gemini Trust until January 21, 2024, with the original trial date set for January 13. The case stems from a 2022 CFTC complaint against Gemini, alleging that it made false or misleading statements to the CFTC when it applied to offer a bitcoin futures contract in 2017. The postponed trial date will come as a new president takes office and could affect the CFTC's position on Gemini and other crypto firms. The court said it would not grant further delays unless exceptional circumstances.