PANews reported on September 11th that Cointelegraph reported that Brian Quintenz , the incoming chairman of the U.S. CFTC , had published text messages with the Winklevoss twins, co-founders of Gemini , on the X platform. These text messages revealed that Gemini had sought legal action regarding its civil case with the CFTC , but Quintenz refused to provide any guarantees. Quintenz claimed that after the text messages, Gemini contacted the White House to request a halt to his nomination. Gemini is about to launch an IPO , targeting a $ 3 billion valuation. The impact of this on investors is unclear.