Trump’s stalled CFTC chair candidate takes feud with the Winklevos Twins

Brian Kintens, who heads President Donald Trump’s longtime pick CFTC, escalated the spat with Gemini founder Tyler and Cameron Winclevos on Wednesday, publicly posting what he said as a screenshot of a conversation with twin crypto entrepreneurs about reported nomination attempts.

The image shows what appears to be a text conversation about messaging app signals between Quintenz and Winklevosses on July 24th. Decryption I contacted a Gemini representative to check the accuracy of the screenshots, but they did not receive a response immediately.

In the conversation, the Winklevoss Brothers grill candidates over his reaction and enthusiasm. Complaint CFTC filed in June by Crypto Exchange Gemini about how the CFTC handled the investigation and final lawsuit.

In 2022, regulators sued Gemini for “material false or misleading statements” with regulators years ago about the Bitcoin offering. Gemini is ultimately I’m calmed down In January this year, we will pay $5 million without admitting or refusing to commit fraud.

In a textual conversation with Quintenz, Winklevosses appeared to be having trouble with Quintenz’s excitement about their complaints and bent them Intimacy With the President.

“Our complaints raise serious questions and concerns that the culture of the institution you are trying to chair and the overall fitness of the night before is considered a major regulator in the crypto industry,” writes Tyler. “Cultural reform, which includes correcting what happened to us, should be a top priority.”

According to the text, Tyler continued his quiz quintet about his commitment to that goal, saying he could reach out to the “president himself” to discuss the issue.

“I think these texts make it clear what they are doing from me and what I refuse to promise,” Quintenz writes about X.

Quintenz continued to emphasize his closeness with Trump and his commitment to supporting his agenda.

The CFTC nomination, which currently leads the global policy of venture capital Andreesen Horowitz, previously served as CFTC commissioner in the first Trump administration. Trump Nominations He chaired the committee in February, but his confirmation has been stagnant for several months. The above text was reportedly exchanged, and the Senate committee reportedly exchanged I pulled it At the White House’s request, a vote was made regarding Quintenz’s nomination.

A few weeks after a failed vote, the top Cryptolo Beacon Group I was urged The President supports Quintenz’s nomination, which is widely expected to treat the industry favorably at key moments due to his interaction with the CFTC.

Pending Crypto Market Structure Law It gives relatively vague regulators a wide range of new authority over the majority of the digital asset economy and businesses, including Winklevos’ Gemini. Please publish On Wall Street later this week.