According to private texts between Trump’s former CFTC chair pick @BrianQuintenz and @tyler released by Quintenz last year, this was the enforcement action Quintenz refused to take a position on until he was fully confirmed as Chair. Looks like @ChairmanSelig has sided with the Winklevoss twins in concluding the @CFTC should not have brought the @Gemini case to begin with. The decision now rests with a judge in the Southern District of New York, who must decide whether sufficient grounds exist to vacate the consent order, a move one legal source characterized to me as “an extraordinary step.”(Eleanor Terrett)