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Crypto World News reports that the U.S. Commodity Futures Trading Commission (CFTC) said that a lawsuit against the cryptocurrency exchange Gemini should not be brought. The CFTC hopes to withdraw its enforcement action against Gemini, arguing that under current standards the case may not be filed. In a court filing submitted on Wednesday, the CFTC and Gemini jointly asked a federal court to vacate the January 2025 settlement agreement proposed by Gemini related to its bitcoin futures contract. The CFTC noted that the original case relied heavily on testimony from a whistleblower whose credibility is in question, and it believes that continuing to uphold the remaining terms of the settlement agreement would not be in the public interest. Gemini has consistently denied the allegations in the legal battle, insisting that there is no evidence of Bitcoin price manipulation or investor harm.