Trump’s Stalled CFTC Chair Nominee Takes Feud With Winklevoss Twins Public

Brian Quintenz, the long-stuck Pick by President Donald Trump to lead the CFTC in Leiden, escalated a spit with Gemini founders Tyler and Cameron Winklevoss Wednesday, public What he said were screenshots of conversations with the Twin Crypto entrepreneurs with regard to their reported attempts to derail his nomination.

The images show what a text conversation seems to be about the signal of the Messages app between Quintenz and the Winklevosses on July 24. Decrypt Reached for a Gemini representative to confirm the accuracy of the screenshots, but did not immediately receive a response.

In the interview Grill de Winklevoss Brothers the nominee about his response to and enthusiasm with regard to a complaint Placed by their crypto Exchange Gemini in June on how the CFTC used an investigation and final lawsuit against the company.

In 2022, the Gemini regulator sued for “material false or misleading statements” to regulators years earlier about his Bitcoin offer. Gemini finally organized The suit in January, pays $ 5 million without giving up or refusing any misconduct.

In the text interview with Quintenz, the Winklevosses seem to have problems with Qutenz’s excitement about their complaint, and they have them vicinity With the president.

“Our complaint raises serious questions and worries about the culture of the agency that is about to be chairman and the overall fitness on the eve of it that it is considered an important regulator for the crypto industry,” Tyler wrote, according to the screenshots. “Cultural reform, which includes correcting what happened to us, should be the highest priority.”

According to the texts, Tyler continued with Quintenz about his dedication to that goal, and said he would potentially reach with “the president himself” to discuss the matter.

“I believe that these texts make clear what they were looking for from me, and what I refused to promise,” Qutenz wrote today on X. “It is my understanding that they contacted the president after this exhibition and asked that my confirmation was being held for other reasons than what is being reflected in these texts.”

Quintenz also emphasized his proximity to Trump and his dedication to support his agenda.

The CFTC nominated person, who is currently leading worldwide policy with risk capital giant Andreessen Horowitz, previously served as a CFTC commissioner during the first Trump administration. Trump nominated He to be ahead of the committee in February, but his confirmation got stuck for months. Days after the texts described above were reportedly exchanged, a senate committee drawn A vote on the nomination of Qutenz, at the request of the White House.

In the weeks after the failed mood, Topposito lobby groups insisted The president stands in his nomination of Qutenzz, who is generally expected to treat the industry positively at a crucial moment for his interaction with the CFTC.

Pure Legislation for crypto -market structure Would the relatively obscure regulator give extensive new powers about the vast majority of the digital assets economy and companies, including the Gemini van Winklevoss, which intends publicize Later this week on Wall Street.