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Commodities regulator alleges Winklevoss' Gemini crypto exchange was politically targeted

The chairman of the Commodity Futures Trading Commission said it's correcting a flawed enforcement action against Gemini Space Station, the crypto exchange run by the Winklevoss brothers, alleging caught up in a broader campaign against the crypto industry under the Biden administration. "The Biden administration weaponized the federal agencies against the crypto industry and many other industries," Michael Selig said Tuesday in a CNBC "Squawk Box" interview. "They politically targeted...

CNBC 8d ago

Watchdog Agency Seeks to Reverse Its Win Against Firm Run by Winklevoss Twins

Gemini’s founders, Tyler and Cameron Winklevoss, are among the president’s closest allies in the crypto industry.

NYT Business 12d ago

CFTC wants to reverse course on penalty against Winklevoss twins' crypto business

The Gemini exchange already paid a $5 million fine following the agency's lawsuit.

Engadget 12d ago

Spencer Pratt rides Big Tech’s rightward wave as latest Silicon Valley titan opens wallet

Google co-founder Sergey Brin just became the latest high-profile member of the tech world to throw his financial support behind a Republican. Brin gave Los Angeles mayoral candidate Spencer Pratt a maximum donation of $1,800 on May 27, according to municipal campaign finance records. Other big names in tech making contributions to the mayoral hopeful include Palantir’s chief technology officer, SpaceX’s director of solar production, a communications executive at TikTok, the co-chairman and...

Fox News 8d ago

Spencer Pratt rides Big Tech’s rightward wave as latest Silicon Valley titan opens wallet

Google co-founder Sergey Brin just became the latest high-profile member of the tech world to throw his financial support behind a Republican. Brin gave Los Angeles mayoral candidate Spencer Pratt a maximum donation of $1,800 on May 27, according to municipal campaign finance records. Other big names in tech making contributions to the mayoral hopeful include Palantir’s chief technology officer, SpaceX’s director of solar production, a communications executive at TikTok, the co-chairman and...

Fox News Politics 8d ago