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Home»Legal»5 Million US Crypto Owners Urged to Push Kamala Harris to Fire SEC Chair Before Election
Legal

5 Million US Crypto Owners Urged to Push Kamala Harris to Fire SEC Chair Before Election

NBTCBy NBTC20/08/2024No Comments2 Mins Read
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Tyler Winklevoss, co-founder of crypto exchange Gemini, has called on the 50 million American cryptocurrency owners to unite and press Vice President Kamala Harris to fire U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler before the upcoming presidential election in November. He believes this action could end the “war on crypto” and make the crypto issue bipartisan.

Gemini Co-founder Urges Crypto Investors to Pressure VP Kamala Harris to Fire Gary Gensler

Tyler Winklevoss, co-founder of cryptocurrency exchange Gemini, took to social media platform X on Friday to highlight the political power held by 50 million Americans who own cryptocurrency.

Winklevoss urged crypto holders to unite and pressure Vice President Kamala Harris to dismiss U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler before the Nov. 5 presidential election. He argued that such collective action could end the “war on crypto” and make the crypto issue bipartisan. Noting that “50 million people in America own crypto,” he wrote:

If all 50 million made it clear to Harris that she wouldn’t get their vote unless she fired Gary Gensler and ended the war on crypto before November 5th, the war would end and crypto would become bipartisan overnight. That’s the game theory. Voters could then move on to other issues.

The Gemini co-founder has previously stressed the importance of knowing who will lead the SEC next, urging the crypto community to demand transparency from both political parties. He emphasized that the industry should push for a clear commitment to fair treatment and making America the best place for crypto.

Meanwhile, his brother Cameron Winklevoss has warned against Harris’ superficial efforts to reset relations with the crypto industry, insisting that only concrete actions would be acceptable. He underscored that the industry wouldn’t be fooled by empty promises and challenged Harris to show decisive action by November.

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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