Gemini co-founder Tyler Winklevoss has revealed via an X post that the famous American-based crypto exchange will not hire graduates or take any interns from the Massachusetts Institute of Technology (MIT), where Gary Gensler, the former U.S. Securities and Exchange Commission (SEC) Chairman, recently resumed work as a professor.
As long as @MIT has any association with Gary Gensler, @Gemini will not hire any graduates from this school. Not even interns for our summer intern program. https://t.co/fi0WMIVCLp
— Tyler Winklevoss (@tyler) January 30, 2025
Students Suffer From Gensler
The Gemini CEO noted that the decision was influenced by Gensler’s involvement with the highly rated Cambridge institution. Notably, Gensler’s role at MIT involves teaching and researching artificial intelligence (AI), financial technology, and cryptocurrency, which contrasts sharply with his actions while serving with the U.S. SEC.
Gensler’s Tenure was unfavorable for the crypto community. He implemented unclear regulations for crypto firms and traders, making it difficult for them to operate freely in America. Moreover, he periodically initiated legal battles with many popular companies, including Ripple Labs, Coinbase, and others.
Due to his anti-crypto stance, Gensler lost the favor and love of the crypto community, including the Winklevoss twins, leading to his recent declaration. At the same time, a few crypto enthusiasts have cheered the Gemini CEO and revealed plans to follow in his footsteps soon.
“All crypto companies should sign a pledge not to hire from any educational facilities who financially support Gensler in any way,” an X user commented.
Will Gensler Become Pro-Crypto?
Notably, neither Gensler nor MIT officials have publicly replied to the Gemini co-founder’s declaration, raising questions about whether he will switch his crypto stance or whether the institution will retain him and lose one of its biggest recruiters.
Meanwhile, a few famous figures have changed their views of Bitcoin, crypto, and blockchain technology. A few years ago, American President Trump was skeptical about the future of crypto. Now, he has expressed support for the digital asset ecosystem and has become the first pro-crypto President of the U.S.
Similarly, American entrepreneur Elon Musk recently said he sees value in BTC after Trump’s speech at the Bitcoin 2024 conference.
