twin Co -founder Cameron Winkelvos On Wednesday, the Supreme Education Council had seized its investigation into the exchange of cryptocurrencies without taking any enforcement action.
What happened: In the X Publishing, Winklevoss stated that the organizer is the most dangerous vowing lawyer in the company. “Another teacher until the end of the war on encryption.”
“This comes 699 days after the investigation began and 277 days after they sent us Wales notice,” Winkefus said. “SEC cost us tens of millions of dollars of legal bills alone and hundreds of millions of lost productivity, creativity and innovation.”
The date of the conflict dates back to at least March 2023, when Gemini settled with the Supreme Education Council by paying fines of $ 21 million to sell unregistered securities through the Gemini profit program. The organizational procedure was led by the previous SEC chair Gary Ginsner.
SEC did not immediately respond to Benzinga’s request for comment.
See too: Cryptos is rising under the title Gamestop after the CEO of Vivek Ramaswamy urged the company to invest
Why do it matterCameron and his twin brother Tyler Voice Critics were Jingsler. Last month, they announced a boycott of an employment against the Massachusetts Institute of Technology, where Jinsler joined as a professor.
Winklevoss twin Bitcoin BTC/USD Campaign donations, including those for the president Donald Trump And jOhn DeatonCandidate candidate Elizabeth Warren (D-Mass.).
Development follows a series of similar measures by SEC, including withdrawal From the issue of enforcing it against the exchange of the encrypted currency Coinbase And end the investigation into RobinHood ‘Markets’ Current currency operations.
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