The nominee of the CFTC chair exposes the private texts of Winklevos Twins ahead of Gemini Ipo

Brian Quintenz has released private text messages exchanged with the co -founders of Gemini Cameron and Tyler Winklevos.

The communication suggests that the twins pressed it to obtain guarantees on the next compliance actions of the Basic Products Trade Commerce (CFTC).

The founders of Gemini accused of influencing the confirmation of the chair

The president of CFTC, nominated for Trump, shared screenshots of exchanges in X, accusing the two trying to interfere with his admission to the agency about concerns related to his civil case to the regulator.

In the messages, Tyler sent a June complaint that he accused CFTC’s misconduct personnel in the legal battle of the exchange and requested his opinion. He accused the agency of “trophies hunting of the law” and asked Quininz how he planned to align with Trump’s mandate to reform him.

However, he refused to make any promise, promising to undertake “a fair and reasonable review of the matter.” After this, the two supposedly approached President Trump to promote a delay in confirmation.

“I think these texts make it clear what they were after me, and what I refused to promise. I understand that after this exchange, they contacted the president and asked that my confirmation stop for reasons other than what is reflected in these texts,” said Post X.

The policy advisor concluded by saying that transparency is the first and the protection of the Trump agenda is more important than any work, and added that he has supported him since 2016 and will continue to do so.

The Senate Agriculture Committee had planned to hold a confirmation hearing for Quintenz at the end of July. However, just before Congress went to its rest of a month, according to the reports, the White House asked the committee to delay the hearing. In addition, the Committee has not had news of the administration about whether the vote reprogram.

Ipo of Gemini

Gemini had made an agreement of $ 5 million in January with the regulator after accusations that the exchange of cryptography cheated the CFTC during the approval process for a Bitcoin futures product.

However, in June, the firm’s lawyer sent a letter to the agency’s internal control agency accusing his lawyers to seek the case for personal profits. He said they were “promoted by a selfish desire to advance their careers by misuse of their offices to obtain a high profile victory” against Gemini.

In other places, the company is just a few days after its IPO. Gemini plans to list in Nasdaq under the Ticker Gemi, with the support of the main institutional partners, including a private placement of $ 50 million of Nasdaq. The platform is looking for an assessment exceeding $ 3 billion and plans to sell 16.7 million class A shares with a price of between $ 24 and $ 26, which could generate more than $ 430 million.