Brian Quintenz, President Trump's nominee for CFTC chair, has publicly disclosed an alleged attempt by Gemini co-founder Tyler Winklevoss to influence his confirmation process. This significant revelation centers on Winklevoss reportedly seeking preferential treatment for Gemini's past regulatory issues in exchange for support of Quintenz's appointment. The release of private text messages provides a rare glimpse into the pressures faced by aspiring regulators from prominent figures within the crypto industry.
Allegations of Influence Peddling
Quintenz claims that Tyler Winklevoss attempted to derail his confirmation after the nominee refused to promise favorable treatment regarding Gemini's ongoing litigation with the CFTC. Private text messages from July 2025 show Winklevoss sharing a 13-page complaint against the CFTC Inspector General. He accused the agency of "dubious false statements charges" and "selectively and unfairly weaponizing" enforcement against Gemini. Winklevoss explicitly urged Quintenz to prioritize "cultural reform," including rectifying Gemini's situation, and align with President Trump’s mandate to end "regulatory warfare."
Upholding Due Process
Throughout their communication, Quintenz consistently maintained a stance of strict impartiality, declining to make specific commitments before his confirmation. He emphasized that any decision on Gemini’s complaint must be made by a fully confirmed chair, stating he would address matters "fully and fairly if and when I am confirmed." Quintenz underscored the importance of adhering to proper process and explained his strategy of waiting for confirmation to gain a comprehensive, unbiased understanding of issues, citing previous "poor experience" dealing with existing commission staff. This firm refusal to pre-judge or promise action highlights his commitment to an ethical, unbiased regulatory approach.
Transparency and Strategic Disclosure
The public release of these messages, notably occurring just two days before Gemini's planned IPO, was explained by Quintenz as a deliberate move. He stated his intention was to protect President Trump from potential misinformation and to demonstrate his own unwavering commitment to transparency over personal advancement. Quintenz also alleged that Winklevoss contacted Trump in an effort to pause his confirmation following their exchanges. This disclosure offers a unique insight into the intricate dynamics and ethical considerations involved in high-stakes regulatory appointments.
