Brian Quintenz, who has been nominated by President Donald Trump to lead the US Commodity Futures Trading Commission (CFTC), shared several text exchanges with Gemini co-founders Cameron and Tyler Winklevoss. In a recent X Post, Quintenz mentioned that these texts were released due to concerns over a misunderstanding involving Trump and the Winklevoss twins. The messages appeared to include details about a civil lawsuit against Gemini that concluded with a $5 million settlement in January.
Tyler Winklevoss texted Quintenz on July 25, expressing frustration: “The CFTC has completely abused the deliberation process privileges among many other abuses, preventing us from not even being able to do so.” Quintenz noted that the brothers were seeking specific reassurances about what they referred to as the agency’s “Lawfare Trophy Hunting.”
Quintenz commented that the texts provide insight into their actions towards him and what he refused to promise. He believes that after their conversation, the Winklevoss twins reached out to the President, asking him to pause his nomination for reasons that didn’t align with the content of the texts.
Attempts by Cointelegraph to reach a spokesman for Gemini went unanswered at the time of publication.
Senate votes for Quintenz are still pending
This release of texts comes just days before reports surfaced that the Winklevoss brothers had approached the White House, requesting a reconsideration of Quintenz’s nomination. The Senate Agriculture Committee had been set to question Quintenz in July; however, the event was postponed due to the White House’s requests as the Chamber of Commerce prepared for a month-long break.
The texts are expected to be released 48 hours before Gemini’s anticipated public offering on Friday, aiming for a valuation of $3 billion. It remains uncertain how this information from Quintenz will influence investor sentiment.
