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Gemini CEO Boycotts MIT Graduates Over Gensler Ties: What’s Behind the Controversy?

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By on January 30, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Gemini CEO Boycotts MIT Graduates Over Gensler Ties: What’s Behind the Controversy? appeared first on Coinpedia Fintech News

Gemini CEO Tyler Winklevoss announced that the exchange will not hire MIT graduates or interns until the university severs ties with former SEC Chair Gary Gensler. This decision stems from a long-standing dispute with the SEC, which fined Gemini $21 million over its Earn program. Gensler, who led aggressive crypto crackdowns, has returned to MIT as a professor. While some industry figures support the boycott, others argue students shouldn’t be penalized. Winklevoss insists Gensler’s policies have harmed the crypto industry, fueling ongoing tensions.

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