Gemini Genters Vinklevoss want to “raise” the cryptane bar

Cameron clarified that it was actually his brother Tinder who said, stating, “We would never attack in our backyard, after we tried to do the right thing for so many years and I always try to raise the ribbons in connection with regulations.”

“And we always felt that the United States should lead in Bitcoin and Criptou, and our leadership and victory,” he continued.

‘It’s the law’

Gemini Vinklevoss came under the supervision for their crypto exchange, twins, primarily due to issues surrounding the Program Bemini.

Gemini earns allowed users to earn interest in borrowing their crypto funds for Gaeses Global Capital, a digital currency group (DCG) subsidiary. When Genesis stopped withdrawals in November 2022. year due to the unrest on the market after FTX collapses, twins earn users could not access approximately $ 900 million.

The situation escalated that the glisans and became sued by the American Securities and Exchange Commission (SEC) in January 2023. Years alleged If the Gemini earned unregistered offer of securities, violation of securities law. In addition, public quarrel between Vinklevoss and Barry Silbert, the Director General of the DCG, added monitoring, and twins accuse Silbert to mitigate them and the public about the financial health of genesis.

In August 2023. year, Gemini, Genesis and DCG have reached a return on some funds for affected users, but the situation has left lasting recutative and regulatory challenges for Winkleoss twins and twins.

Last year, it sat down to pay 21 million civic sentences in the amount of $ 21 million to settle that he hired in an unregistered offer and selling securities through the Cratto Credit program.

Gari Gensler, who at that time was SEK, said that the settlement “builds on previous actions to clearly” credit lending platforms should be completed “with securities laws.

“It best protects investors,” Gnsler added at the time. “Promotes trust in markets. Not optional. It is the law.”

It’s a different scenario today. Mark T. UIeda is a new act of presidency of SEC. He was first sworn to office as a trustee 30. June 2022. years.

The United States is expected to serve as the Senate does not vote to confirm Trump Nominovana Paul Atkins as a chair of the Commission.

To say that UIEDA and ATKINS PRO-CRIPTO is underestimation. Since the trump card was elected, numerous lawsuits and investigations in the Cripto-communal companies were completed. KOINBASE, Kraken and Iuga Laboratories are only three companies benefited from the president who does not only support cross-mails, but has its own memecoin.

Volume Bitcoin matches 2022. Bear

The hug of the Kruptocurrency of the Trump administration comes as Bitcoin strayed below the $ 85,000 level. Technical analyst Rect capital noted that Bitcoin’s recent decline brought the relative strength index (RSI) to 23.93, harmonizing the levels seen during the bear market of 2022. Years.

This overlooking was usually followed by the price movement up. He also pointed out that “during this cycle, each visit to the sub-25 RSI resulted in a reversal of the trend to upside down during the time.”

At the last check bitcoin (Btc) trades in red to $ 83,550.