Gemini CFTC Penalty Stands; Capital B Posts €69.5M Loss
A US federal judge rejected Gemini Trust's attempt to vacate a $5M CFTC consent order, and French Bitcoin treasury firm Capital B reported a €69.5M net loss for H1 2026 despite growing its BTC reserves.
What we know
@TheBlockCo reported that a federal judge denied the joint CFTC-Gemini motion to vacate a January 2025 consent order, keeping a $5M penalty and permanent injunction in place for misleading statements during the 2017 Bitcoin futures review. Separately, @TheBlockCo reported French Bitcoin treasury firm Capital B posted a €69.5M net loss in H1 2026 while growing its BTC reserve to 3,538 BTC, highlighting the mark-to-market and operational cost risks of corporate Bitcoin treasury strategies.
Sources
“US federal judge denied a joint CFTC-Gemini motion to vacate a $5 million penalty and permanent injunction on Gemini Trust”
View post →“French bitcoin treasury firm Capital B reported a €69.5 million net loss for the first half of 2026”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.