Tyler Winklevoss Slams SEC’s Gary Gensler: Crypto’s Innovation Suffocated?

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Ah, the clash of titans! Tyler Winklevoss, co-founder of Gemini, could hardly contain his disdain for Gary Gensler, former SEC Chair, following his recent interview on CNBC. Gensler, with that infallible SEC air, claimed that during his reign, the commission dealt with nearly 100 fraud cases. But wait, here’s the twist-he’s sticking to his guns about the tough love he’s been showing the cryptocurrency world, emphasizing that his “one true mission” is protecting those precious, vulnerable investors. Ahem… how noble. 🙄

Enter Winklevoss, with all the grace of a bull in a china shop, responding to Gensler’s stern words by claiming that these very methods-far from being heroic-are actually choking the life out of crypto innovation. Oh, how the mighty fall! 🐂

Gensler, in his wisdom, proclaimed that most of crypto is just a hype-fueled rollercoaster ride. Yeah, no solid fundamentals here, folks-just chaos! (Except for Bitcoin, obviously, which was conveniently exempt from Gensler’s sweeping judgment.) And don’t get him started on the thousands of other tokens. Speculation, he says. Well, excuse me while I roll my eyes. 👀

“Investor protection is the SEC’s mission,” Gensler chimes in, as though this was some divine decree. Meanwhile, the crypto world-those rebels, those misfits-believe that the SEC’s policies are just friction, slowing down progress and innovation, keeping things oh-so-comfortably regulated. 😒

Winklevoss vs. Quintenz: It’s Personal, Baby

Oh, but there’s more. Tyler’s not just throwing punches at Gensler. Oh no, he’s also tangled with Brian Quintenz, former head of the CFTC and a Trump nominee. Their little spat blew up when Quintenz decided to air their private laundry by releasing Winklevoss’s private messages on X. But it wasn’t without reason-Quintenz claimed it was all for the greater good. “Look, I’m supporting the President, and I think he was misled,” Quintenz announced in his tweet. And then, voilà-those private messages became public fodder. 🤦‍♂️

“I’ve never been inclined to release private messages. But in light of my support for the President and belief that he might have been misled, I’ve posted here the messages that include the questions Tyler Winklevoss asked me pertaining to their prior litigation with the CFTC.”

I…

– Brian Quintenz (@BrianQuintenz) September 10, 2025

In these messages, Tyler unleashed on the Biden administration, calling it “seven years of lawfare trophy hunting” against Gemini. He practically begged Quintenz for help in reversing the mounting pressures. Ah, sweet irony. 😅

As expected, critics quickly swooped in, suggesting that this was no longer about policy, but about raw, personal vendettas. “It’s a temper tantrum,” said Lee Reiners from Duke University. “It’s all about revenge.” Oh, Lee, you’re such a buzzkill. 🤷‍♂️

Amidst all this drama, Tyler remains bullish on Bitcoin. In a separate CNBC interview last week, he confidently declared that Bitcoin could soar to $1 million if it steals a chunk of gold’s market share. And, in case you missed it, he’s calling Bitcoin “gold 2.0.” Bold words, my friend. 👏

He’s even gone so far as to say that mainstream adoption is still in its infancy, and a tenfold price increase in the next decade is, in fact, very much on the cards. Hold your horses, Tyler-don’t get too excited. 🐎

So, as the dust settles, it’s clear that Tyler Winklevoss’s ongoing spats with regulators are turning the spotlight on how divided U.S. crypto policy has become-and whether this conflict will suffocate or fuel the next wave of innovation. Stay tuned, folks. This crypto circus has only just begun. 🎪

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2025-09-19 22:13