Gemini Boycotts MIT Due To Gensler Hiring

February 1, 2025

Tyler Winklevoss has issued a warning to the Massachusetts Institute of Technology (MIT), stating that Gemini would not hire anyone studying at the prestigious university as long as Gary Gensler, the former chairman of the U.S. Securities and Exchange Commission (SEC), remained on its faculty. No Chance As long as MIT has any connection to Gary Gensler, Gemini will not recruit any graduates through this institution, Winklevoss posted on social media, before adding that he would not even consider MIT students for their summer internship program. Earlier this month, Gensler resigned as SEC Chair on the day of the presidential inauguration, which was met with celebration by many in the crypto community. Several critics had branded Gensler as the top crypto antagonist, although he did approve several ETFs last year. Back To School Under Gensler, the crypto industry faced fines exceeding $6 billion, and enforcement actions increased fourfold, according to Cornerstone Research. Moreover, the number of enforcement actions taken by Gensler against the crypto sector surged by 80% compared to his predecessor. Gensler is currently teaching courses on AI and fintech at MIT. Before heading the SEC, he taught at the university and worked as a senior advisor to the MIT Media Lab Digital Currency Initiative.

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