Cointime

Download App
iOS & Android

Gemini co-founder Tyler Winklevoss issued a statement to criticize Gary Gensler

On November 16th, Gemini co-founder Tyler Winklevoss criticized Gary Gensler on the X platform. He stated that Gary Gensler should never again hold a position of influence, power, or impact. Any company, university, or organization that hires or works with him after the SEC is betraying the cryptocurrency industry and should be strongly resisted. This is the only way to prevent such abuse of government power from happening again in the future.

Gary Gensler's actions cannot be explained as innocent mistakes. His actions were carefully considered and intentional, at any cost, to achieve his personal political agenda, even if it means destroying an industry, tens of thousands of jobs, people's livelihoods, billions of dollars of investment capital, and so on. Ironically, his anti-social ambition ultimately destroyed his own party.

No amount of apology can compensate for the damage Gary Gensler has caused to the cryptocurrency industry and the country. Such people should not appear in any institution, no matter how big or small. Americans have had enough of their tax dollars going to a government that should protect them, but is instead used by politicians who want to pursue their own agendas against them. It is time to permanently stop this pathological behavior.

Comments

All Comments

Recommended for you

  • Amazon Premarket Gains 13% on Booming Cloud Business

    On July 31, Amazon's premarket shares rose 13% after the company released its Q2 2026 earnings report, with both performance and profitability beating expectations. AWS cloud business revenue growth hit a new high in 18 quarters. The company raised its full-year 2026 capital expenditure guidance and gave an optimistic outlook for AI's long-term trillion-dollar revenue potential: the trend of AI computing power supply shortage will continue, and the supply gap may persist until 2028.
  • Brent crude oil futures expand gains to 1%, reported at $87.755/barrel

    On July 31, Brent crude oil futures expanded their gains to 1%, reported at $87.755 per barrel.
  • Dollar/Yen Halts Decline, Rebounds to Erase Intraday Losses

    On July 31, USD/JPY halted its decline after a short-term plunge to a low of 158.53, with a cumulative drop of over 150 pips. It has now rebounded to 159.43, erasing intraday losses and currently trading up about 0.04% on the day. (Jin Shi)
  • South Korea Tightens Leveraged ETFs; Trading Volume Plunges 75% on First Day

    On July 31, according to Korean media, on the first day that South Korean financial regulators imposed restrictions on individual stock leveraged ETFs, trading volume in related products crashed to a quarter of the previous day's level. Data from the Korea Exchange (KRX) on individual stock leveraged ETF trading today showed that on the first day of the new rules, the total trading volume of 16 individual stock leveraged and inverse ETFs stood at 3.3071 trillion won. This represents a sharp decline of 75.3% from the previous day (12.4485 trillion won). Compared with the July average daily trading volume of 12.27 trillion won, the financial regulators' strong control measures have clearly taken immediate effect in curbing capital flows. Excluding inverse products, trading volume of the 14 major individual stock leveraged ETFs also fell 64.4%, from 6.9354 trillion won the previous day to 2.4686 trillion won.
  • Japan Authorities Suspected of Second Intervention, Yen Strengthens Broadly

    On July 31, the yen was suspected of facing a second round of intervention, as the yen strengthened. The USD/JPY pair plunged about 150 pips, EUR/JPY dropped about 130 pips, GBP/JPY fell about 200 pips, and CAD/JPY and AUD/JPY each declined about 100 pips. (Jin10)
  • USD/JPY Short-Term Plunge Touches 159

    USD/JPY plunged in the short term, touching 159, down 0.31% on the day. (Jin Shi)
  • DXY Dollar Index Drops Over 20 Points in Short Term, Now at 99.92

    July 31 news, the US dollar index (DXY) dropped over 20 points in the short term, now at 99.92. Non-US currencies rose, with GBP/USD and EUR/USD climbing more than 10 points in the short term. (Jin Shi)
  • Apple's premarket shares plunge over 7% as Q3 Greater China revenue growth slows and guidance misses expectations

    On July 31, Apple (AAPL.US) fell over 7% in premarket trading to $309.78. In terms of news, Apple's fiscal third-quarter revenue grew approximately 16% year-over-year to $109.42 billion, slightly above analyst expectations. Of that, product revenue was $78.68 billion, higher than the expected $77.25 billion; however, services business revenue, which has been an important source of valuation re-rating in recent years, was $30.74 billion, below the expected $31.36 billion. Additionally, Greater China revenue was $18.82 billion, with year-over-year growth slowing to 22%, also below analysts' expectations of $19.58 billion. On the earnings call, Apple guided fiscal fourth-quarter revenue growth in the range of 9% to 11%, overall below analysts' expectation of 12.1%. The company's CFO Parekh said component supply constraints will affect fourth-quarter iPhone, Mac, and iPad businesses, and foreign exchange fluctuations are also restraining growth.
  • US semiconductor stocks continue to rally in premarket, TSMC (TSM.N) up over 4%

    US semiconductor stocks continued to rally in premarket trading, with TSMC (TSM.N) rising over 4%, ASML (ASML.O) up 3.2%, Arm (ARM.O) up 4.8%, and Broadcom (AVGO.O) up over 1.3%.
  • Google Up 3% Premarket, Unveils Next-Gen Robot AI Model

    On July 31, Google rose nearly 3% in premarket trading to $342.74 per share. Google DeepMind released humanoid robot AI models such as Gemini Robotics 2, which enable full-body motor control for humanoid robots, converting camera imagery and natural language instructions into motor control commands. Researchers noted that the robots achieved a 92% success rate in the task of 'unscrewing a light bulb,' but the success rate for more complex actions remains relatively low.