Gemini CEO’s Hilarious Ultimatum to MIT: No More Hires!

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In a twist that screams “only in the crypto world,” Gemini’s crypto exchange has decided to give Massachusetts Institute of Technology (MIT) the cold shoulder until they part ways with former SEC chair and current professor, Gary Gensler. 😬

Tyler Winklevoss, the gem behind Gemini, declared that until the G-man is shown the door, the exchange won’t touch MIT grads with a ten-foot pole. Summer internships? Cancelled. New hires? Haha, no thanks.

Winklevoss with a stern face pointing at a photo of Gensler

This move is the latest in a telenovela-worthy feud that’s been bubbling since March 2023, when Gemini forked over $21 million in fines to the SEC. Apparently, their ‘Earn’ program, a supposed golden goose, was actually laying unauthorized securities. Oops. 🤷‍♂️

Gensler, who traded in his SEC badge for a chalkboard at MIT, became the Darth Vader of crypto enforcement, much to the chagrin of Tyler and his buddies. Bitcoin evangelist Erik Voorhees even joined Tyler’s rebel alliance, calling for an MIT boycott until Gensler is ousted.

But hold your horses; not everyone is on board with this MIT snub. Sergey Gorbunov from Axelar Network thinks it’s a bit much to punish students over their professor’s “misdeeds.” 🤦 And Jiasun Li? He’s all for giving Gensler’s class alumni a recess from the boycott.

Yet, our man Winklevoss stands firm, convinced that Gensler’s reign of regulatory terror did more damage to the crypto landscape than a frat party gone wrong. 🎉

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2025-01-30 09:09