
Brian Quintenz alleges Gemini’s founders privately sought assurances on CFTC enforcement while pursuing a Nasdaq listing, raising concerns about regulatory influence and timing amid his paused nomination.
Brian Quintenz, President Trump’s nominee to chair the CFTC, accused Gemini founders Tyler and Cameron Winklevoss of trying to derail his confirmation. He published text messages showing they pressed him for assurances on enforcement actions related to Gemini’s ongoing CFTC lawsuit, which he refused. Soon after, the White House paused his nomination. The dispute emerges as Gemini prepares a Nasdaq listing with a $3 billion valuation target. The CFTC sued Gemini in 2022 for alleged misrepresentations, a case the company continues to contest. In June 2025, Gemini filed a 13-page complaint accusing the CFTC’s enforcement division of misconduct and misuse of resources. Neither the Winklevoss twins nor the CFTC has publicly responded to Quintenz’s claims.