It seems the crypto world's got its own version of “Game of Thrones,” and Tyler Winklevoss is ready to wield the sword of justice! The co-founder of Gemini is making waves, taking a bold stand to hold law firms accountable for cozying up with former SEC officials who've been involved in what he claims is a crusade against crypto.
Inspired by Coinbase's head honcho, Brian Armstrong, Tyler is following suit by cutting ties with any legal eagles who have a history of playing hardball with digital assets. He's calling out these firms and asking for a list of ex-SEC folks who've been part of this so-called “unlawful war on crypto.” It’s like his own crypto version of a “Most Wanted” list!
Brian Armstrong had already made headlines by severing ties with the global law firm Milbank after they brought on board ex-SEC Director of Enforcement, Gurbir Grewal. Grewal was a key player in over a hundred enforcement actions, and his sudden departure from the SEC raised eyebrows, with many speculating it hinted at discord brewing within the agency's walls.
The broader crypto community isn't just sitting back with popcorn either. Critics, including attorney Jeremy Hogan, have been vocal about the SEC's tactics, suggesting that their appeal in the Ripple case might just blow up in their faces, potentially weakening their grip on the industry.
Armstrong, never one to mince words, has accused the SEC of trying to smother the crypto sector with foggy regulations and surprise crackdowns. He believes those who didn't jump ship during these controversial times share the blame for the agency’s heavy-handed approach.
While some folks are quick to forgive and forget, Winklevoss and Armstrong are making it clear that they're not ready to let bygones be bygones. They're on a mission to bring accountability to the forefront in the legal and regulatory arenas. It's shaping up to be a showdown, and the crypto community is all ears, eagerly watching how this drama unfolds.
