Winklevoss Twins Pushed Back on CFTC Nominee Brian Quintenz

Quintenz, nominated by President Donald Trump to lead the US Commodity Futures Trading Commission (CFTC), shared the messages on X on September 10.

He stated that he was concerned President Trump "might have been misled" by the twins and wanted to show his side of the story.

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The conversation included a message from Tyler Winklevoss regarding Gemini’s legal dispute with the CFTC, which resulted in a $5 million settlement. In the July 25 text, Tyler accused the regulator of blocking the company’s ability to defend itself fairly in court.

He said, "The CFTC totally abused the deliberative process privilege, amongst many other abuses, to prevent us from even being able to defend ourselves fairly in court".

According to Quintenz, the brothers wanted him to reassure them about what they described as the agency’s "lawfare trophy hunting".

He said he refused to give such guarantees. Quintenz explained:

I believe these texts make it clear what they were after from me, and what I refused to promise.

He added that after this exchange, Cameron and Tyler reached out to President Trump and requested that his confirmation be delayed.

On August 26, Kristin Johnson announced that she will leave her role at the CFTC on September 3. What did she say? Read the full story.