In a twist worthy of a melodramatic play, the esteemed Brian Quintenz has unfurled a series of private messages exchanged with the illustrious Gemini co-founders, those paragon of virtue, Cameron and Tyler Winklevoss. A fascinating correspondence, indeed, painted with shades of desperation, revealing the twinsâ fervent longing for reassurances concerning the imminent actions of the Commodity Futures Trading Commission (CFTC). Such palpable anxiety, one could almost feel it radiating through the inbox!
Geminiâs Founders: Masters of Subtle Influence?
Ah, the Trump-nominated CFTC chair, in a moment of clarity rarely seen in bureaucratic circles, shared these intriguing snippets on X, blatantly accusing the twins of attempting to stir the pot regarding his path into agency bliss. As if the twins had not already become synonymous with ‘influence’ in tech and crypto circles!
In what one might imagine as a scene from an exotic play, Tyler so boldly forwarded a complaint from June-accusing the CFTC staff of misconduct-as if he were passing a baton in a race for victimhood. âWhat say you, dear Quintenz?â he proclaimed, seeking wisdom on how to align with Trumpâs not-so-ambiguous mandate for reform. The nerve of such creativity!
However, Quintenz, in a display of moral fortitude that could rival a hero emerging from a foggy abyss, refused to shower the Winklevoss duo with promises, opting instead for a modest vow of conducting âa fair and reasonable review.â Oh, how quaint! Following this enlightening exchange, word has it that the twins sought an audience with the President himself-perhaps to negotiate a delaying tactic in Quintenzâs grand confirmation.
âThese texts, dear reader, daintily expose what they sought from me and what I politely declined to offer. Post this exchange, they gallantly approached the President, advocating for a pause on my confirmation, citing reasons more absurd than those reflected in these texts,â he mused, in a post that rings with the tension of an unreturned loverâs text.
With the flair of a seasoned politician, Quintenz concluded that transparency shines like the morning sun, while allegiance to Trumpâs agenda surely outweighs those pesky job obligations. After all, what is oneâs integrity when weighed against political theatrics?
Curiously, the Senate Agriculture Committee had once envisioned hosting a glitzy confirmation hearing for Quintenz in late July. Yet, as conspiracies would have it, just prior to Congressâs well-deserved summer recess, the White House subtly prodded the committee for a delay. Not even a whisper has since graced the committeeâs halls regarding rescheduling. Ah, the sweet fragrance of bureaucracy!
Geminiâs IPO Spectacle
Meanwhile, in an entirely unrelated subplot, Gemini, having settled a $5 million squabble with the regulator in January (over alleged misleading antics during the Bitcoin futures approval process), is preparing to unveil its IPO saga! Like a magician pulling rabbits from hats, the firmâs attorney recently penned a letter to the agencyâs watchdog, accusing the lawyers of chasing personal glory rather than genuine justice. The nerve!
As if this was not delicious enough, the company is mere days away from its IPO, aiming to dazzle with its listing on Nasdaq under the catchy ticker GEMI. With substantial backing that would make any Wall Street broker salivate-a $50 million private placement from Nasdaq itself-they seek a valuation exceeding $3 billion. The plan is to auction off 16.7 million Class A shares priced between a mere $24 and $26, raking in an expected windfall of over $430 million. What joy! What excitement! đ
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2025-09-11 23:20