The American Commission for Securities and Exchange (SEC) could be carried out with Gemini, but the Gemini have not finished the dry.
According to a position on Wednesday X of the co-founder and president of Gemini, Cameron Winklevoss, the SEC informed the Gemini on Monday that he closed his investigation into the exchange crypto based in New York and would not deposit the accusations of application against him.
But the long-standing anti-climatic resolution was not satisfactory for Winklevoss, who declared in his X post that the retirement of the dry “does not compensate for much for the damage that this agency had caused us, our industry and America”.
“The dry cost us tens of millions of dollars in legal invoices alone and hundreds of millions of people losing productivity, creativity and innovation,” wrote Winklevoss. “The behavior of the dry in general towards other crypto companies and the projects costs more orders for magnitude and caused an unquiacable loss of economic growth for America.”
Winklevoss said that, without consequences for both dry and individual staff involved in Gemini surveys and other cryptographic societies, other federal agencies could again, in the future, “intimidate, harass and attack a legal industry and then decide one day to simply say that we are good and keep us away”.
In his article, Winklevoss suggested that any agency which “refuses to write rules before opening an investigation or organizing an action in application” should be required to reimburse the defendants “for 3x [their] Legal costs. »»
Winklevoss also called all the SEC staff involved in the Gemini survey to be dismissed publicly, and their “names, roles and the actions in which they participated should be published on the SEC website”.
“It should not be acceptable to bring all the power of the American government to bear against emerging companies in an emerging industry, then hide behind a faceless agency or to say that you” simply do your job “or” the following orders “. These people had a choice, ”wrote Winklevoss. “They could have asked to be reassigned or resigned. No one forced them to work dry. Nevertheless, they chose to violate their oath and the agency’s mission to “have a positive impact on the American economy, our capital markets and people’s lives” and helped and encouraged an illegal war against a legal industry. »»
The dry decision to drop her probe in Gemini comes shortly after abandoning similar investigations into the Laboratoires Uniswap, Robinhood Crypto and Opensea. Earlier Wednesday, the SEC also filed a joint request to suspend its dispute against the Tron and Justin Sun Foundation, similar to the recent requests deposited in his business against Coinbase and Binance.
The dry did not respond to the request for comments from Coindesk.
