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Tyler Winklevoss Calls SEC Lawsuit Against Gemini Politically Motivated

In a series of tweets, Gemini co-founder, Tyler Winklevoss, slammed SEC for filing a lawsuit against his crypto exchange. Earlier, the US SEC announced that it was suing Gemini and Genesis for allegedly offering unregistered securities.

In a Twitter thread earlier today, Tyler Winklevoss said that the SEC’s behavior is counterproductive and it would do nothing to help Earn users get their assets back.Winklevoss further slammed SEC saying despite the ongoing conversations they decided to reveal the lawsuit to the press without notifying them.

“It’s unfortunate that they’re optimizing for political points instead of helping us advance the cause of 340,000 Earn users and other creditors,” he added.

(By Jai Pratap)

Gemini SEC
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