Tyler Winklevoss mocks Gary Gensler. Gemini co-founder says Gensler has ruined the crypto industry.
The comments come after it was reported that Gensler may step down as SEC chairman.
#Gemini co-founder Tyler Winklevoss tweeted Saturday, warning Americans about Gary Gensler's social ambitions that have nearly destroyed the crypto industry and finally set his own political party on fire.
In 2021, President Biden appointed Gensler as the 33rd president of the SEC for $2.3 million. Under both Gensler and his predecessors, the SEC has achieved significant victories in the fight against #cryptocurrency companies, and has reviewed or resolved nearly 200 cases since 2017. Among the most recent cryptocurrency companies to receive Wells' regulatory notice are #Robinhood Crypto, Uniswap Labs, Consensys,およびCrypto. com ...
In his fiery post, Winklevoss said that Gensler's actions against the crypto industry as Sec chairman cannot be justified by well-intentioned mistakes. Gemini's co-founder claims that Gensler's anti-currency stance was planned, deliberate and willful to achieve personal and political goals.
The amount of apologies cannot make up for the damage he did to our industry and our country. This type of person, big or small, has no place in any institution. Winklevoss wrote. Companies, universities and organizations that hire him or work with him should be actively boycotted after the SEC betrayed the crypto industry, he said.
Winklevoss said Gensler should not be allowed to hold leadership positions or exert influence if he leaves the SEC.
The Gemini co-founder's harsh statement comes after CNBC reported on July 13 that Gensler's tone during a speech at the Practising Law Institute's 56th annual conference implied that he might resign as SEC chairman after Donald Trump wins the presidential election.
Gensler worked at Goldman Sachs before joining the federal government.
Read how 18 US states sued the SEC:
Read us at: Compass Investments