Let's all be clear on one thing. @GaryGensler is evil. He should never again have a position of influence, power, or consequence. Any company, university, or organization that hires or works with him post-SEC is betraying the crypto industry and should be boycotted aggressively.…
— Tyler Winklevoss (@tyler) November 16, 2024

Tyler Winklevoss, co-founder of the cryptocurrency exchange Gemini, launched a sharp critique of SEC Chair Gary Gensler, calling him “evil.”

“Let’s make one thing clear. Gary Gensler is evil. He should never hold a position of influence or power again. Any company, university, or organization hiring or working with him after the SEC is betraying the crypto industry and should be aggressively boycotted,” Winklevoss stated.

Harsh Words Against Gensler’s Leadership

Winklevoss accused Gensler of intentionally undermining the cryptocurrency industry, rejecting the notion that his actions could be dismissed as errors.

“Gensler’s behavior cannot be explained as good-faith mistakes. It was fully deliberate, intentional, and calculated to serve his personal political agenda at all costs—even if it means destroying the industry, tens of thousands of jobs, and billions in investments,” he added.

Winklevoss argued that Gensler’s actions have caused irreparable damage, for which apologies would not suffice. He emphasized that such individuals should have no place in public institutions.

“These types of people have no place in any institution, large or small. Americans are tired of their tax dollars being used to serve personal political ambitions instead of protecting citizens,” he remarked.

Support for Donald Trump and Calls for Gensler’s Removal

In June, the Winklevoss twins publicly supported Donald Trump, donating $2 million in Bitcoin to his campaign and criticizing the Biden administration. In August, they urged cryptocurrency investors to pressure Vice President Kamala Harris into removing Gensler from his position.

“It’s time to put an end to this pathology once and for all,” Tyler Winklevoss declared.

Donald Trump has also promised to fire Gensler on his first day as President if he wins the 2024 election. This aligns with growing dissatisfaction among crypto advocates regarding Gensler’s leadership and regulatory stance.