Gemini co-founder Tyler Winklevoss questioned the moral character of US Securities and Exchange Commission (SEC) Chairman Gary Gensler.
Criticisms of Winklevoss
Tyler Winklevoss, in his criticism on the social media platform
Winklevoss said any company, university or organization that works with Gensler after his SEC tenure ends should be boycotted.
Gensler’s Future
According to recent reports, Gensler is expected to resign from his post before President-elect Donald Trump’s inauguration. Possible candidates include Robinhood’s chief legal officer Dan Gallagher, former SEC Commissioner Paul Atkins and former Interim Comptroller Brian Brooks.
“Gensler’s actions cannot be explained by good intentions. This was a completely deliberate imposition of his personal and political agenda. Even if it destroys an industry, disregards tens of thousands of jobs, people’s livelihoods, billions in invested capital, and more. Ironically, his sociopathic ambitions tasted the ashes of his own political party. No apology can undo the damage he has done to our industry and our country. Such people cannot take part in any institution, large or small. Americans are tired of putting their money (taxes) into a government that is supposed to protect them (but hurts them). “This pathology must be stopped now.” -Tyler Winklevoss
SEC led by Gensler, Ripple 
$1 We have seen days when Labs filed major lawsuits against many crypto firms such as Coinbase, Binance, Kraken, Uniswap Labs, and Consensys.
As a result, Gensler’s policies at the SEC and the impact of these sweeping criticisms on the crypto industry still remain unclear. The future of the industry can be closely linked to how it will be shaped after Gensler’s tenure.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
