Gemini co-founder Tyler Winklevoss has issued sharp criticism of SEC Chair Gary Gensler, accusing him of deliberately undermining the cryptocurrency industry and calling for his exclusion from positions of power.
Winklevoss's Statements
Tyler Winklevoss took to social media to voice his concerns, alleging that Gensler’s regulatory actions were deliberately harming the crypto sector. According to Winklevoss, these actions caused job losses, financial setbacks, and disrupted lives.
Reasons for Discontent
Winklevoss claimed that Gensler’s approach was driven by political motives rather than public interest. His handling of digital assets during his tenure has led to widespread dissatisfaction.
Calls for Distancing
Winklevoss also urged companies to distance themselves from Gensler after his SEC term. He suggested that any association with him would signify a betrayal of the crypto industry.
Tyler Winklevoss's sharp remarks towards Gary Gensler highlight the growing discontent with crypto regulation and the need to rethink strategies in this sector.