President Trump’s CFTC chair nominee Brian Quintenz alleged that Tyler Winklevoss tried to derail his affirmation after Quintenz refused to vow favorable therapy relating to the alternate’s previous litigation with the fee.
Based on non-public textual content messages launched by Quintenz on Sept. 10, Winklevoss shared Gemini’s 13-page grievance in opposition to the CFTC Inspector Normal in a July 2025 alternate.
He claimed the company pursued “doubtful false statements fees” and “selectively and unfairly weaponized” enforcement in opposition to the corporate.
Winklevoss described seven years of “lawfare trophy looking” by the fee within the leaked messages.
Transparency claims
Winklevoss questioned why the CFTC sued Gemini slightly than “events that defrauded us of $10mil” or CBOE. He additionally questioned why the fee continued pursuing Gemini “after it knew its investigation was began primarily based on a false whistleblower.”
Quintenz persistently refused to make particular commitments, stating that “any choice or response to your grievance needs to be made by and given the total weight of the confirmed chair.”
He dedicated solely to addressing issues “totally and pretty if and when I’m confirmed,” whereas emphasizing the significance of correct course of.
Winklevoss then expressed disappointment that Quintenz hadn’t reviewed their grievance regardless of earlier discussions.
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Moreover, the Gemini co-founder burdened that “cultural reform, which incorporates rectifying what occurred to us, needs to be the best precedence” and urged Quintenz to align with President Donald Trump’s mandate to finish regulatory warfare.
Quintenz defined his strategy of ready for affirmation earlier than forming judgments. He added that he determined “to attend till I can get into the function to get that view versus attempting to get it now by present management.”
He described having “a really poor expertise with that on each vital situation or choice up to now” when coping with present fee employees.
The message launch comes two days earlier than Gemini’s deliberate IPO on Sept. 12.
Quintenz claimed that Winklevoss contacted Trump in an effort to pause his affirmation for undisclosed causes following their alternate.
He added that he disclosed the discussions with Winklevoss to guard the President from misinformation and exhibit his dedication to transparency over private development.
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