According to Coingraph, Michael Selig, the Chairman of the Commodity Futures Trading Commission (CFTC), stated that the enforcement actions during the Biden administration were "politically targeted" at the co-founder of the cryptocurrency exchange Gemini, and that efforts are being made to correct the handling of related cases. Last week, the CFTC requested the federal court to revoke the $5 million settlement reached with Gemini in January 2025. Gemini co founders Tyler Winklevoss and Cameron Winklevoss donated $1 million each to Trump's 2024 campaign and attended White House events.