President Trump’s CFTC chairman Brian Quintenz claimed that Tyler Winklevoss was trying to derail his confirmation after Qutenz refused to promise favorable treatment with regard to the earlier process of the stock exchange at the committee.
According to private SMS messages released by Quintenz on 10 September, Winkervoss shared the complaint of 13 pages of Gemini against the CFTC inspector general in an exchange of July 2025.
He claimed that the office has pursued “dubious false statements” and “selective and unfairly armed” enforcement against the company.
Winklevoss described for seven years “Lawfare Trophy Hunting” by the committee in the leaked messages.
Transparency claims
Winklevoss wondered why the CFTC Gemini suggested instead of “parties cheating on us of $ 10 million” or CBOE. He also wondered why the Gemini committee continued to chase “after it knew that the investigation had started based on a false whistleblower.”
Quintenz consistently refused to make specific obligations and stated that “every decision or response to your complaint must be taken by and given the full weight of the confirmed seat.”
He only strived for tackling things “fully and honestly as and when I am confirmed”, emphasizing the importance of a good process.
Winklevoss then expressed disappointment that Quintenz had not assessed their complaint despite earlier discussions.
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In addition, the co-founder of Gemini emphasized that “cultural reform, which includes the correction of what happened to us, should be the highest priority” and at Quintenz to adapt to the mandate of President Donald Trump to put an end to the regulating warfare.
Quintenz explained his approach to waiting for confirmation before he formed judgments. He added that he decided “to wait until I could get into the role to get that vision instead of getting the current leadership now.”
He described “a very bad experience with that about every important issue or decision so far” when dealing with existing commission personnel.
The message release comes two days before Gemini’s planned IPO on 12 September.
Quintenz claimed that Winklevoss contacted Trump in an attempt to pause his confirmation for unknown reasons after their exchange.
He added that he announced the discussions with Winklevoss to protect the president against wrong information and to show his dedication to transparency in relation to personal progress.