TechFlow news, September 11 — According to Decrypt, Brian Quintenz, President Trump's nominee for chair of the U.S. Commodity Futures Trading Commission (CFTC), publicly shared screenshots on social media Wednesday of private messages with Gemini exchange founders the Winklevoss brothers, escalating a dispute between the two parties.
Quintenz claimed the Winklevoss brothers attempted to block his nomination because he refused to commit to meeting their demands regarding CFTC reforms. According to the released messages, the Winklevoss brothers expressed dissatisfaction with how the CFTC previously handled investigations and litigation involving Gemini, and suggested they would directly contact President Trump about the matter.
Shortly after these exchanges, the White House requested that the Senate withdraw the vote on Quintenz’s nomination. Quintenz is currently the global policy lead at venture capital giant Andreessen Horowitz and previously served as a CFTC commissioner during Trump’s first term. Several cryptocurrency advocacy groups have urged the president to continue supporting Quintenz’s nomination.
