50 Million US Crypto Owners Urged to Push Kamala Harris to Oust SEC Chair Before Election
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Tyler Winklevoss, co-founder of the cryptocurrency exchange Gemini, has issued a call to action for the 50 million Americans who own cryptocurrency.
In a bold move, he urged them to unite and pressure Vice President Kamala Harris to remove U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler before the upcoming presidential election in November.
Winklevoss believes this collective effort could effectively end what he terms the “war on crypto” and push the issue into bipartisan territory.
Winklevoss’ Appeal to the Crypto Community
On Friday, Winklevoss took to social media platform X to emphasize the political influence that the vast community of U.S. crypto owners wields.
He encouraged these investors to make it clear to Harris that their support in the upcoming election would be contingent on her firing Gensler and putting an end to the SEC’s hardline stance on cryptocurrency.
Tyler Winklevoss, co-founder of Gemini, is urging 50 million U.S. crypto owners to push Vice President Kamala Harris to remove #SEC Chair Gary Gensler before the November election. He believes this could end the "war on crypto" and make the issue bipartisan. pic.twitter.com/KAZPMnp8Mi
— Da Investopedia (@DaInvestopedia) August 19, 2024
“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,” Winklevoss stated.
He suggested that such a unified approach would quickly shift the crypto debate, allowing voters to focus on other critical issues.
A Push for Transparency and Fair Treatment
Tyler Winklevoss has consistently emphasized the need for the crypto industry to be vigilant about who will lead the SEC in the future.
He has urged the community to demand transparency from both political parties, pushing for a clear commitment to fair treatment of the industry and making America a global leader in cryptocurrency.
Meanwhile, his brother and fellow Gemini co-founder, Cameron Winklevoss, has also voiced concerns.
Cameron warned against superficial attempts by Harris to reset relations with the crypto industry, stressing that only concrete actions would be acceptable.
How long until we hear about the Kamala campaign’s “reset”. What a disaster. And this is her honeymoon. It’s all downhill from here!
— Chris Barron 🇺🇸 (@ChrisRBarron) August 17, 2024
He cautioned that the industry wouldn’t be swayed by empty promises and challenged Harris to take decisive action by November.
The Winklevoss brothers’ coordinated efforts highlight the increasing intersection of politics and cryptocurrency regulation, with significant implications for the future of the industry in the United States.
