Gemini Halts MIT Hiring Amid Gensler Controversy

Tyler Winklevoss, co-founder of Gemini, announced a hiring freeze on graduates and interns from the Massachusetts Institute of Technology (MIT) in response to former SEC Chairman Gary Gensler's return to the institution as a professor. Winklevoss articulated that this policy will remain in effect as long as Gensler is associated with MIT, reflecting a broader discontent among crypto executives regarding Gensler's regulatory approach. The Winklevoss twins have been vocal in their opposition to Gensler, viewing his tenure as detrimental to the cryptocurrency industry. This controversy has led to discussions within the MIT community about the implications for students and alumni involved in crypto. Several industry leaders, including Matt Huang from Paradigm, are rallying MIT alumni in crypto to respond to the situation. The decision by Gemini underscores the ongoing tensions between the cryptocurrency sector and regulatory authorities.