1 year ago
Tyler Winklevoess deed backmost astatine the SEC charging Gemini successful a bid of tweets connected Jan. 12 calling the enactment "totally counterproductive."
Own this portion of past
Collect this nonfiction arsenic an NFT
Tyler Winklevoss, the co-founder of cryptocurrency speech Gemini, gave his instrumentality connected the Jan. 12 unregistered information offering charges the speech received from a United States regulator, calling them "super lame" and a "manufactured parking ticket."
In a bid of tweets connected Jan. 12, Winklevoss shared his disappointment implicit the earlier charges from the Securities and Exchange Commission (SEC) regarding Gemini's "Earn" programme claiming the regulator was "optimizing for governmental points."
He called the SEC's enactment "totally counterproductive" and said Gemini had been discussing the Earn programme with the regulator "for much than 17 months."
2/ As a substance of background, the Earn programme was regulated by the @NYDFS and we’ve been successful discussions with the SEC astir the Earn programme for much than 17 months. They ne'er raised the imaginable of immoderate enforcement enactment until AFTER Genesis paused withdrawals connected November 16th.
— Tyler Winklevoss (@tyler) January 12, 2023"They ne'er raised the imaginable of immoderate enforcement enactment until AFTER Genesis paused withdrawals connected November 16th," Winklevoss added.
Gemini Earn
He stated Gemini would support itself against the unregistered information charges and would "make definite this doesn’t distract america from the important betterment enactment we are doing."
English (US) 