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.
Ken Paxton celebrated New Year’s Eve in 2024 with two men wanted on federal charges, one of whom donated at least $190,000 to his campaigns. The extent of his ties to the men was unclear.
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