Brian Quintenz Exposes Texts: Tyler Winklevoss Pressured Him Over Gemini’s CFTC Settlement
Gemini co-founder Tyler Winklevoss tried to strong-arm a top CFTC official—and got caught red-handed.
Behind the Regulatory Curtain
Text messages reveal Winklevoss directly contacted former CFTC commissioner Brian Quintenz, pushing for favorable treatment in Gemini's settlement negotiations. The exchange shows crypto's biggest names still playing by old Wall Street rules—just with digital assets.
Pressure Play Backfires
Quintenz disclosed the attempted influence campaign, exposing how crypto giants try to work regulators behind closed doors. The move backfired spectacularly, turning private negotiations into public spectacle.
Same Game, New Assets
Turns out crypto billionaires aren't so different from traditional finance titans—still trying to lean on regulators, just with more Bitcoin in their pockets. Some things never change, even in the 'decentralized' future.
Tyler Winklevoss sent texts demanding cultural reform at CFTC
The texts show Tyler sent Brian a letter that Gemini had just submitted to the CFTC’s internal watchdog. That letter attacked the agency’s behavior in the Gemini case.
Tyler said the CFTC had pursued them through “7 years of lawfare trophy hunting.” He followed up by asking how Brian intended “to align with President Trump and the Administration’s mandate to end the lawfare and make amends for it.”
Tyler then argued that the agency was unfit to regulate crypto and wrote, “Cultural reform, which includes rectifying what happened to us, should be the highest priority.”
Brian replied that he planned to carry out “a fair and reasonable review of the matter and the division and individuals involved to determine if they acted inappropriately.” But Tyler didn’t seem satisfied, and within days, both brothers reportedly contacted Trump to urge him to reconsider the nomination.
Brian has declined to add anything beyond what he posted. The WHITE House also hasn’t said anything. Still, the fallout has already affected Brian’s confirmation process.
His nomination was supposed to pass easily, with wide support across the crypto and finance space. Even Tyler and Cameron had congratulated him on X earlier this year when Trump made the announcement.
White House delayed Senate vote on nomination after Winklevoss complaint
But after the July messages, things changed. The White House asked the Senate Agriculture Committee to delay the vote to MOVE Brian’s nomination forward. That request put everything on hold.
The committee’s chair, Senator John Boozman of Arkansas, has received no follow-up from the administration about rescheduling the vote, according to his spokesperson Sara Lasure.
This fight lands at a time when Congress is considering new legislation that WOULD expand the CFTC’s authority over crypto. The agency, which traditionally focused on futures contracts for things like corn and oil, now oversees some crypto derivatives.
But a Senate bill could give it direct oversight of tokens like Bitcoin and ether, a massive expansion of its power. The legal fight between Gemini and the CFTC goes back to the Biden administration.
The $5 million settlement, finalized in Biden’s last days in office, accused Gemini of misleading the agency about a crypto investment product.
Gemini attorney John Baughman blasted the CFTC in a June letter, saying agency lawyers were “driven by a selfish desire to advance their careers by misusing their offices to obtain a high-profile ‘win’ against Gemini.”
That letter was the one Tyler forwarded to Brian during their private exchange. And that exchange is now at the center of a political mess inside Trump’s administration.
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