Bitcoin billionaires Tyler and Cameron Winklevoss torpedo White House pick in crypto power move
The post Bitcoin billionaires Tyler and Cameron Winklevoss torpedo White House pick in crypto power move appeared on BitcoinEthereumNews.com.
Tyler and Cameron Winklevoss, both billionaires and longtime crypto backers of President Trump, are openly fighting Brian Quintenz, the man Trump nominated to run the Commodity Futures Trading Commission. The clash broke into public view last week as the twins prepared their company Gemini Space Station for its market debut, as Cryptopolitan reported earlier. The feud came to light when Brian posted private messages from Tyler on X. In those messages, Tyler raged over what he called years of pressure from the Biden administration on Gemini and demanded help from Trump’s nominee. “7 years of lawfare trophy hunting. It’s outrageous what they did to us,” Tyler wrote in July. Winklevoss brothers flex political muscle in Washington The 44-year-old twins have poured millions into Trump’s comeback and into pro-crypto groups that want friendlier regulators. They are determined to see the CFTC steered by someone who will ease the rules on crypto. But instead of supporting Brian, a Republican with backing from many industry groups, the brothers are fighting him. Critics were quick to call it personal. Lee Reiners, a lecturing fellow at Duke University, said, “It’s a total temper tantrum. This is about wanting revenge and wanting to punish people…It’s not necessarily about policy going forward.” The fight caught attention because Brian has been known as pro-crypto, yet the brothers still chose to go after him. The twins have always thrived on conflict. At Harvard, they sued Mark Zuckerberg, accusing him of stealing their idea for Facebook, a story later told in “The Social Network.” They walked away with $65 million in cash and stock. They later bet big on bitcoin, buying in 2012 when the price was below $10. In 2013, they tried to launch the first bitcoin ETF, but the SEC blocked them. Their exchange Gemini, founded in 2014,…
Filed under: News - @ September 19, 2025 3:28 am