{"id":11337,"date":"2025-09-12T18:31:30","date_gmt":"2025-09-12T18:31:30","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=11337"},"modified":"2025-09-12T18:31:32","modified_gmt":"2025-09-12T18:31:32","slug":"brian-quintenz-accuses-gemini-founders-of-trying-to-influence-his-cftc-nomination","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/09\/12\/brian-quintenz-accuses-gemini-founders-of-trying-to-influence-his-cftc-nomination\/","title":{"rendered":"Brian Quintenz Accuses Gemini Founders of Trying to Influence His CFTC Nomination"},"content":{"rendered":"\n<p>Former <strong>CFTC commissioner<\/strong> <strong>Brian Quintenz<\/strong> has accused <strong>Gemini co-founders Tyler and Cameron Winklevoss<\/strong> of attempting to influence his return to the <strong>Commodity Futures Trading Commission (CFTC)<\/strong> as its next chairman. Quintenz shared the allegations in a detailed <strong>X (formerly Twitter) post<\/strong> on <strong>September 9<\/strong>, offering a glimpse into the behind-the-scenes interactions surrounding his stalled confirmation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Allegations<\/h2>\n\n\n\n<p>Quintenz claims the Winklevoss twins pressed him about the <strong>CFTC\u2019s 2022 lawsuit<\/strong> against Gemini, questioning how he would align with <strong>President Trump\u2019s administration<\/strong> to end what they called \u201clawfare\u201d a term they use to describe the use of legal action to harm competitors.<\/p>\n\n\n\n<p>In a text message exchange dated <strong>July 24<\/strong>, Tyler Winklevoss specifically asked Quintenz how he planned to \u201cmake amends\u201d and ensure that future enforcement actions would be handled differently. Tyler even offered to \u201craise the issue with the President himself\u201d if he sensed resistance to Quintenz&#8217;s position within the White House.<\/p>\n\n\n\n<p>Quintenz responded by saying he could not make any promises, explaining that decisions should be left to a fully confirmed chair after Senate approval. Shortly after their exchange, however, the <strong>White House<\/strong> asked the <strong>Senate Agriculture Committee<\/strong> to pause his nomination, leaving his confirmation stalled.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Gemini&#8217;s Long-Running Dispute with the CFTC<\/h2>\n\n\n\n<p>The tension between <strong>Gemini<\/strong> and the <strong>CFTC<\/strong> goes back to <strong>June 2022<\/strong>, when the agency sued the exchange over allegations that it made false or misleading statements during its 2017 attempt to launch the first <strong>U.S.-regulated Bitcoin futures contract<\/strong>. Gemini has consistently denied any wrongdoing in the matter.<\/p>\n\n\n\n<p>The exchange\u2019s ongoing battle with the CFTC also includes a <strong>13-page complaint<\/strong> filed with the <strong>CFTC\u2019s Office of Inspector General<\/strong> in <strong>June 2025<\/strong>, which accused the agency\u2019s enforcement division of \u201cmisusing the deliberative process privilege\u201d and pursuing the lawsuit despite discovering that the investigation stemmed from a <strong>false whistleblower<\/strong>.<\/p>\n\n\n\n<p>In the complaint, Gemini alleges that the CFTC\u2019s lawyers sought a \u201cselfish high-profile win\u201d by targeting the exchange rather than the actual wrongdoers. The complaint argues that the CFTC&#8217;s actions wasted millions of taxpayer dollars, serving personal interests rather than public good.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Public Allegations and Fallout<\/h2>\n\n\n\n<p>Gemini\u2019s leaders, including <strong>Tyler Winklevoss<\/strong>, have publicly amplified these claims, with Tyler sharing the <strong>letter<\/strong> online and accusing the CFTC of &#8220;seven years of lawfare trophy hunting.&#8221; He\u2019s called for broad cultural reform within the agency.<\/p>\n\n\n\n<p>However, neither Tyler nor Cameron Winklevoss have yet to respond publicly to <strong>Quintenz\u2019s accusations<\/strong>. Similarly, the <strong>CFTC<\/strong> has not made any public statements about the matter, leaving the issue unresolved as Gemini plans for a <strong>Nasdaq listing<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What\u2019s at Stake<\/h2>\n\n\n\n<p>As the fight between <strong>Gemini<\/strong> and the <strong>CFTC<\/strong> continues, it\u2019s clear that the <strong>regulatory landscape for crypto<\/strong> is under intense scrutiny. With both sides locked in a bitter dispute, it\u2019s uncertain how the outcome will affect <strong>Gemini\u2019s<\/strong> operations or broader regulatory approaches to <strong>digital assets<\/strong>.<\/p>\n\n\n\n<p>Quintenz\u2019s stalled confirmation is just one chapter in a much larger battle over how cryptocurrencies should be regulated in the U.S., and the next steps could have significant implications for the crypto industry as a whole.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former CFTC commissioner Brian Quintenz has accused Gemini co-founders Tyler and Cameron Winklevoss of attempting to influence his return to the Commodity Futures Trading Commission (CFTC) as its next chairman. Quintenz shared the allegations in a detailed X (formerly Twitter) post on September 9, offering a glimpse into the behind-the-scenes interactions surrounding his stalled confirmation&#8230;.<\/p>\n","protected":false},"author":3,"featured_media":11338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[1685,442,628],"class_list":["post-11337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-brian-quintenz","tag-gemini","tag-nasdaq"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Brian Quintenz Accuses Gemini Founders of Trying to Influence His CFTC Nomination - Crypto News<\/title>\n<meta name=\"description\" content=\"Brian Quintenz accuses Gemini founders Tyler and Cameron Winklevoss of attempting to influence his CFTC chair nomination. 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