Gemini co-founder Tyler Winklevoss called SEC Chair Gary Gensler “evil,” accusing him of purposefully damaging the crypto industry for personal gain.
Crypto Under Fire
Winklevoss said Gensler’s harsh regulations hurt big names like Binance and Coinbase while destroying jobs and investments in the process.
Voices of Frustration
Crypto leaders like Joseph Lubin and Michael Saylor echoed Winklevoss’s concerns, saying the SEC’s actions have been harmful and unfair.
Change on the Horizon?
With Trump back in office, rumors suggest Gensler might step down. Dan Gallagher from Robinhood is reportedly in line to replace him. At the same time, 18 states are suing the SEC for what they call regulatory overreach.