Gemini
$87.41M
This decision was shared by Tyler Winklevoss, the co-founder and CEO of Gemini, in a January 30 post on X. He also stated that it extends to the company’s internship program.
His reasoning is tied to long-standing tensions between Gemini and the SEC, particularly a settlement in March 2024 where the company paid $21 million in fines related to its Gemini Earn program.
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In Winklevoss’s view, Gensler has played a crucial role in policies that have negatively affected the crypto industry. In a November 16 post, he stated that no apology could make up for the damage Gensler has caused to both the industry and the country.
Some in the crypto and academic communities have questioned Gemini’s hiring policy. Jiasun Li, a professor at George Mason University, suggested boycotting students who take Gensler’s classes instead of excluding all MIT graduates.
Others have expressed concern about penalizing students over an industry dispute. Sergey Gorbunov of Axelar Network said in a post on X that he saw no reason to hold students accountable for regulatory conflicts and offered to hire MIT graduates himself.
Preston Byrne, head of legal at Arkham’s UK division, also disagreed with Gemini’s stance. He noted that avoiding law firms that employ former SEC officials might make sense, but refusing to hire graduates from an entire university seemed unnecessary.
On January 27, the MIT Sloan School of Management announced that Gary Gensler would be returning to the university. What courses will he teach? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
