Brian Quintenz, the nominee for the chair of the U.S. Commodity Futures Trading Commission (CFTC), has shared texts with the founders of Gemini that may explain why the brothers attempted to interfere with his nomination.
Publication of Texts
Quintenz posted the messages on his X page, expressing concerns that President Trump might have been misled by the Winklevoss brothers. The messages indicate that Tyler Winklevoss sent Quintenz information regarding Gemini’s civil case with the CFTC, which was settled with a $5 million fine in January.
CFTC Allegations
Quintenz stated that the brothers were seeking certain assurances regarding what they called 'lawfare trophy hunting,' which he was not willing to provide. 'I believe these texts make it clear what they were after from me, and what I refused to promise,' said Quintenz.
Gemini's Response to the Situation
Cointelegraph reached out to a Gemini spokesperson for comment, but had not received a response at the time of publication. The release of the texts occurred just days before the expected IPO of the company.
The situation surrounding Brian Quintenz’s nomination to the CFTC continues to develop, and further information could impact investor reactions and public sentiment.
