Gemini co-founder Tyler Winklevoss called the Securities and Exchange Commission’s (SEC) decision to charge the crypto exchange for selling unregistered securities “totally counterproductive” and “super lame.”
Winklevoss claimed that Gemini has been in talks with the SEC about its Earn program for 17 months.
The Winklevoss twin said he didn’t understand the urgency to press charges since the Earn program was de facto shut down two months ago.
Crypto exchange Gemini co-founder Tyler Winklevoss has responded to the U.S. Securities and Exchange Commission’s (SEC) decision to charge Gemini and Genesis with selling unregistered securities.
The Winklevoss twin posted a series of tweets an hour after the SEC announced the charges against the two companies. He called the regulator’s decision “counterproductive” and said the exchange would defend itself against “this manufactured parking ticket.”
1/ It’s disappointing that the @SECGov chose to file an
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