Tyler Winklevoss, co-founder of cryptocurrency exchange Gemini, announced a hiring boycott against the Massachusetts Institute of Technology on Wednesday due to its association with former SEC Chair Gary Gensler.
Former SEC Chair Gary Gensler, known for his strict stance on cryptocurrency regulations, will soon be teaching economics at MIT.
Gemini halts hiring MIT graduates until Gary Gensler is removed as an instructor, citing his controversial SEC leadership.
Former SEC Chair Gary Gensler is returning to MIT as a Professor of the Practice and co-director of FinTechAI, transitioning from his role as crypto industry regulator to focusing on artificial intelligence and finance research and education.
Ever since President Trump promised to create a "Strategic National Bitcoin Stockpile," the usual chorus of Bitcoin skeptics have doubted that it will ever happen.
President Trump's return to the Oval Office didn't just push bitcoin to a new all-time high—it also started off a chain reaction of developments in the crypto markets.
Gemini has taken a strong stance against the MIT, refusing to hire any of its graduates as long as Gary Gensler remains affiliated with it.
Donald Trump and Melania’s meme coin launches ignited chaos in the crypto market. Top critics recall ex-SEC chair Gary Gensler’s warnings.
Gary Gensler has returned to the MIT Sloan School of Management as Professor of the Practice, where he will focus his teaching and research
"You're going to be very happy with me," President- elect Donald Trump told crypto-enthusiasts at a bitcoin conference last summer.
The decision comes amid Gemini's ongoing dispute with the SEC, which dates back to at least March when the exchange agreed to pay $21 million in fines to settle SEC allegations of selling unregistered securities through its Gemini Earn program in partnership with the now-defunct crypto firm Genesis.
SEC leadership transition marks Gensler's departure; Atkins to lead with pro-business focus, especially in crypto regulation.