Trump's Stalled CFTC Chair Nominee Takes Feud With Winklevoss Twins Public
Brian Quintenz, President Trump's nominee to head the Commodity Futures Trading Commission (CFTC), has publicly shared screenshots of text conversations with Tyler and Cameron Winklevoss, founders of the crypto exchange Gemini. Quintenz alleges the Winklevoss twins attempted to halt his nomination after he declined to assure them of commitments regarding CFTC reform. The screenshots, stemming from a July conversation, display the Winklevoss brothers emphasizing issues with a lawsuit against Gemini by the CFTC, pleading for cultural reform within the agency as a priority. Tyler Winklevoss indicated he might escalate their concerns directly to President Trump. Quintenz stated that after these exchanges, the Winklevosses contacted Trump, leading to a request for his Senate confirmation vote to be withdrawn. Quintenz has emphasized his loyalty to Trump and the implications of this discord for the future of crypto regulation at the CFTC, particularly in light of potential new powers for the agency over digital asset markets, which also concerns Gemini.
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