The payments were made in two tranches of 79 BTC each, worth $5 million. In May, the CFTC and Gemini filed a motion with the court to review the injunction and the $5 million fine. The crypto exchange made the payments ahead of the court’s consideration of the case. CFTC Chairman Michael Selig said that the Biden-era agency had politically targeted Gemini’s founders, the Winklevoss twins, using enforcement actions against their company. In August 2025, the Winklevosses donated 188 BTC ($21.4 million) to support Trump’s crypto policy. They blocked the appointment of Brian Quintenz as head of the CFTC, the position Selig then took over. As of the end of June, the super PAC MAGA Inc., which supports Trump, had received $56.2 million from the crypto industry.