Gemini co-founder Tyler Winklevoss is questioning the moral character of Gary Gensler, the current Chair of the U.S. Securities and Exchange Commission (SEC).
In a scathing new thread on the social media platform X, Tyler Winklevoss calls Gensler evil with “sociopathic ambition” who should never be in a position of power or influence again.
Winklevoss goes on to say that any company, university or organization that works with Gensler after his tenure at the SEC should be boycotted.
“Gensler’s behavior can’t be explained away as a good faith mistakes. It was entirely thought out, intentional, and purposeful to fulfill his personal, political agenda at any cost.
Even if this meant nuking an industry, tens of thousands of jobs, people’s livelihoods, billions of invested capital, and more. Ironically, his sociopathic ambition ended up torching his own political party.
No amount of apology can undo the damage he has done to our industry and our country. This type of person has no place at any institution, big or small.
Americans have had enough of their tax dollars going towards a government that is supposed to protect them, but instead is wielded against them by politicians looking to advance their careers. It’s time for this pathology to be stopped once and for all.”
According to recent reports, Gensler will likely resign from his position before President-elect Donald Trump is inaugurated. Possible replacements for Gensler include Robinhood chief legal officer Dan Gallagher, former SEC Commissioner Paul Atkins and former Acting Comptroller of the Currency Brian Brooks.
With Gensler at its helm, the SEC has launched several high-profile enforcement actions against numerous crypto firms, including Ripple Labs, Coinbase, Binance, Kraken, Uniswap Labs and Consensys.
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