The ruling denied a bid by Gemini Trust and the C.F.T.C. to nullify a settlement that required the company to pay $5 million for misleading federal regulators.
Tyler and Cameron Winklevoss, the founders of Gemini Trust, have backed ventures by President Trump and his two oldest sons, Donald Trump Jr. and Eric Trump.
Correspondence suggests that Ms. Guilfoyle, the U.S. ambassador to Greece and former fiancée of Donald Trump Jr., asked a G.O.P. donor to pay off her credit card.
Kimberly Guilfoyle and the president’s sons Donald Trump Jr. and Eric Trump were previously paid by the donor, Eric Deters, to speak at pro-Trump events he held in Kentucky.
The inquiry by the Commodity Futures Trading Commission centers on bets the former congressman made on Kalshi in the weeks before he was pardoned in January 2025.