Former U.S. President Donald Trump’s nominee for the chair of the Commodity Futures Trading Commission (CFTC), Brian Quintenz, publicly shared several text messages exchanged with Gemini co-founders Cameron and Tyler Winklevoss, suggesting that the brothers may have attempted to intervene in his nomination for the agency.
In a post on X on Wednesday, Quintenz stated that he released these messages due to concerns that Trump "might be misled by the Gemini co-founders." The text chain appears to show Tyler Winklevoss sending Quintenz information regarding a civil case between Gemini and the CFTC, which was settled in January for a $5 million fine.
"The CFTC completely abused its deliberative process privilege and many other abuses, preventing us from even being able to fairly defend ourselves in court," Winklevoss texted Quintenz on July 25.
According to the prospective CFTC chair, the brothers were seeking certain assurances regarding what they referred to as the agency's "legal war spoils hunting," which he said he was unwilling to provide.
"I believe these messages clearly indicate what they wanted from me and what I refused to commit to," Quintenz said. "To my knowledge, after this exchange, they contacted the president and requested a hold on my confirmation for reasons different from those reflected in these messages."
Cointelegraph reached out to a Gemini spokesperson for comment but had not received a response by the time of publication.
These messages were sent just days before reports emerged that the Gemini co-founders contacted the White House and asked Trump to reconsider Quintenz's nomination.
Legislators on the Senate Agriculture Committee had originally planned to question Quintenz a month before their July recess, but this event was postponed at the request of the White House.
The release of these messages comes less than 48 hours before Gemini is expected to begin its initial public offering (IPO) on Friday. The company aims for a $3 billion valuation in this offering, but it remains unclear how Quintenz's information might affect investors.
Related: Figure Technology increases IPO size, total transaction volume may reach $800 million
Original article: “CFTC Nominee Chair Releases Private Texts with Winklevoss Brothers Hours Before Gemini IPO”
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