- CFTC Chair Nominee Brian Quintenz has exposed private chats with Gemini co-founder Tyler Winklevoss over an alleged 7-year-long legal injustice against the company.
- The texts appeared to be Winklevoss seeking an express opinion or pre-decision of some sort from Quintenz over Gemini’s complaint with the CFTC’s Inspector General, regarding possible legal bias in the handling of the case dating back to 2018.
- Quintenz maintained his commitment to transparency and integrity in tackling the allegations once confirmed to the office, all in allegiance to President Trump’s agenda.
Trump nominee for CFTC (Commodities Futures Trading Commission) Chair Brian Quintenz, on his X handle, has released private chats between him and Gemini Co-founder Tyler Winklevoss regarding an ongoing complaint with the Commission’s Inspector General over years-long prejudiced legal actions against the firm. In the exchange, Quintenz seemed insistent on being confirmed to the office first before fully responding or deciding on the case.
CFTC Chair Hopeful Links Delayed Nomination to Chat With Gemini Co-founder
Qunitenz already underwent a hearing before the Senate Agriculture Committee in June concerning his nomination as CFTC Chair, but somehow the process was paused by a White House Order, thus delaying a scheduled vote.
The CFTC nominee linked his delayed confirmation to the aftermath of the text exchange back in July, which he alleges led Winklevoss to persuade President Trump to halt the nomination process.
“I believe these texts make it clear what they were after from me, and what I refused to promise,” said Quintenz. “It’s my understanding that after this exchange, they contacted the President and asked that my confirmation be paused for reasons other than what is reflected in these texts.”
On July 24, the Gemini boss sent Quintenz a copy of the complaint they filed with the CFTC IG detailing the agency’s DOE’s (Division of Enforcement’s) “selective and unfair” application of the law, which culminated in substantial legal prejudice against Gemini.
According to the complaint, DOE lawyers prioritized advancing their careers by securing a win against the prominent Gemini founders over the statutory obligation to protect the integrity of commodities markets.
Gemini decried the deliberate non-recognition of their position as victims of fraudulent activity engineered by several bad actors, which set the company back over $7 million. This unfortunate incident led to the firing of its former COO, Benjamin Small, in 2107, who became the whistleblower to the CFTC about misleading auction dynamics in the company’s certain Bitcoin futures contract.
The CFTC eventually filed a lawsuit against Gemini in 2022, which resulted in a settlement agreement of $5 million in civil penalties and a permanent injunction in 2025, which Gemini accepted, despite maintaining that it had committed no wrongdoing.
Quintenz Will Not Offer Any Opinion or Decision Until Nominated
In the recent text message to Quintenz, Winklevoss reiterated the CFTC’s abuse of due process, which ultimately undermined Gemini’s ability to defend itself in court in the litigation that should have tackled “the parties that defrauded us of $10 mil.”
Quintenz respectfully maintained that he will commit to granting a “fair and reasonable review” of the case to determine if the CFTC and individuals involved are really culpable for the allegations. But all that would be upon his confirmation.
However, Winklevoss seemed unsatisfied with the replies and appeared to be pressing for an answer on the CFTC Chair Nominee’s thoughts on the matter and his plans to “align with President Trump’s and the Administration’s mandate to end the lawfare and make amends for it.”
The CFTC Chair hopeful has reaffirmed his belief in “transparency and integrity” while pledging to align all his actions with President Trump’s agenda. The Winklevoss brothers have previously criticized his nomination on the grounds of his possible views on “lawfare” or unruly enforcement.
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