10.9 C
New York
Thursday, October 9, 2025

Potential CFTC Chair Releases Personal Texts With Winklevoss Twins


Brian Quintenz, US President Donald Trump’s choose to chair the US Commodity Futures Buying and selling Fee (CFTC), has made public a number of texts between himself and Gemini co-founders Cameron and Tyler Winklevoss, suggesting the explanation why the brothers might have tried to intrude together with his nomination to the company.

In a Wednesday X submit, Quintenz stated he had launched the texts over issues that Trump “might need been misled” by the Gemini co-founders. The chain appeared to point out Tyler Winklevoss sending Quintenz data on Gemini’s civil case with the CFTC, settled with a $5 million fantastic in January.

“The CFTC completely abused the deliberative course of privilege amongst many different abuses to forestall us from even be [sic] capable of defend ourselves pretty in courtroom,” Winklevoss texted to Quintenz on July 25.

Government, CFTC, Gemini, Winklevoss Twins
Supply: Brian Quintenz

In line with the possible CFTC chair, the brothers had been searching for sure assurances concerning what they referred to as the company’s “lawfare trophy searching,” which he stated he wasn’t keen to supply.

Associated: CFTC pressured to probe nominee Brian Quintenz over ties to Kalshi

“I imagine these texts make it clear what they had been after from me, and what I refused to vow,” stated Quintenz. “It’s my understanding that after this change they contacted the President and requested that my affirmation be paused for causes apart from what’s mirrored in these texts.”

Cointelegraph reached out to a Gemini spokesperson for remark, however had not acquired a response on the time of publication.

Senate vote on Quintenz nonetheless pending

The texts got here just some days earlier than studies prompt that the Gemini co-founders contacted the White Home and requested Trump to rethink Quintenz’s nomination.

Lawmakers within the Senate Agriculture Committee had been scheduled to query Quintenz in July earlier than the chamber broke for a month-long recess, however delayed the occasion as a result of a request from the White Home.

The discharge of the texts comes lower than 48 hours earlier than Gemini is predicted to start its preliminary public providing on Friday. The corporate is aiming for a $3 billion valuation as a part of the providing, but it surely’s unclear how this data from Quintenz may affect traders.

Journal: Can Robinhood or Kraken’s tokenized shares ever be really decentralized?