Tyler Winklevoss, co-founder of the US cryptocurrency trading platform Gemini, has taken a firm stance against former Securities and Exchange Commission (SEC) Chair Gary Gensler. In response to Gensler’s return to MIT as a professor, Winklevoss has declared that Gemini will not hire graduates from the university.
Gemini Will Not Hire MIT Graduates Due to Gary Gensler’s Professorship
Winklevoss announced on social media: “As long as MIT has any connection with Gary Gensler, Gemini will not hire any graduates from the school, and our summer internship program will not recruit at the school.”
As long as @MIT has any association with Gary Gensler, @Gemini will not hire any graduates from this school. Not even interns for our summer intern program. https://t.co/fi0WMIVCLp
— Tyler Winklevoss (@tyler) January 30, 2025
His decision follows confirmation from the MIT Sloan Office that Gensler will be teaching global economics, with a focus on artificial intelligence, finance, fintech, and public policy. This development has sparked curiosity within the crypto community, with many wondering whether Gensler’s stance on cryptocurrency will shift. Some netizens have expressed concerns that academia may see a rise in anti-crypto graduates.
Winklevoss’s statement may reflect similar concerns or could simply be an act of defiance by the crypto community in response to Gensler’s past regulatory actions. His position has gained support from Erik Voorhees, founder of Venice.ai, who wrote, “Every crypto company should boycott MIT grads until Gary is fired. What a way to ruin the reputation of such an illustrious institution! We can use peace and our own market discretion where Gary used coercion and extortion.”
Cameron Winklevoss, Tyler’s twin brother and Gemini’s co-founder, also shared his criticism, stating, “Hiring Gary Gensler, the world’s leading expert on public policy failures, was a bad idea.”
Hiring Gary Gensler, the world’s leading expert on public policy failures, was a bad idea.
— Cameron Winklevoss (@cameron) January 30, 2025
While some in the crypto space applaud the move, others argue that it is a radical stance and an example of ‘cancel culture’ taken too far.
Also Read: Gemini Trust Agrees to Pay $5 Million to Settle CFTC Case
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