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VisitWill Gemini face new SEC enforcement action by mid-2025?
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SEC announcements or credible financial news sources
Tyler and Cameron Winklevoss Call SEC Chair Gary Gensler 'Evil', Demand Resignation Over Crypto Damage
Nov 16, 2024, 08:30 AM
Tyler Winklevoss, co-founder of Gemini, has publicly criticized SEC Chair Gary Gensler, calling him 'evil' and accusing him of purposefully damaging the crypto industry. Winklevoss alleges that Gensler's 'regulation-by-enforcement' tactics have targeted major firms like Coinbase, leading to significant harm to the sector, including job losses, diminished investments, and eroded trust. He has called for Gensler's resignation and urged companies, universities, and organizations to boycott Gensler post-SEC. Cameron Winklevoss echoed these sentiments, stating that Gensler should 'never again have a position of influence, power, or consequence' and attributing Gensler's actions to a personal agenda.
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Galois Capital • 25%
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Coinbase • 25%
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