SEC falls into the investigation of Gemini, Cameron Winkelvos requires compensation

The US Securities and Stock Exchange Committee (SEC) may take place with Gemini, but Gemini was not with SEC.

according to Wednesday x From the co -founder of Gemini and President Cameron Winklevoss, SEC Gemini told Monday that she was closing her New York -based encryption exchange and will not provide enforcement fees against her.

But the anti -climate accuracy for a long time was irreversible for Winklevoss, who said in his book X in SEC’s sanctuary, “He does not do much to compensate for the damage to this agency, our industry, and America.”

“SEC costs tens of millions of dollars of legal bills alone and hundreds of millions of lost productivity, creativity and innovation,” Winkefos wrote. “SEC behavior in a total of other encryption companies and projects costs more size orders and causes unlimited loss in the economic growth of America.”

Winklevoss said that without consequences for both SEC and individual employees involved in the investigations conducted on Gemini and other encryption companies, other federal agencies can again, in the future, “Fatwa, harassment and attacking a legal industry and then decided to say that we go to move away.”

In his position, Winklevoss suggested that any agency “refuse to write the rules before opening the investigation or providing an enforcement” to pay the defendants “for 3X. [their] Legal costs.

Winklevoss also called for all SEC to be shot at the GEMINI investigation in public, and their “names, roles and procedures that they participated in on SEC should be published.

“It should not be accepted to bring the full power of the American government to startups in the start -up industry and then hide behind an unidentified agency or say that you are” just doing your work “or” following orders. “These individuals wrote an option.” “They could have been resetting or resigned. No one was forcing them to work in the Supreme Education Council. However, they chose to violate the right and the agency’s mission” to the positive impact on the American economy, our capital markets, and people’s lives, “instead it helped illegal war against a legal industry.”

SEC’s decision to drop the investigation of Gemini comes shortly after the projection of similar investigations in Labs Uniswap, Robinhood Crypto and Opensea. Earlier on Wednesday, SEC also made a joint proposal to stop litigation against TON and JUSTIN Sun, similar to the recent suggestions submitted in its cases against Coinbase and Binance.

SEC did not respond to Coindsk’s request for comment.