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Crypto

Winklevoss twins transfer $60 million in BTC, $7 million in ETH to Gemini, selling speculation grows

Gemini founders Cameron Winklevoss (윙클보스) and Tyler Winklevoss (윙클보스) moved $60 million worth of bitcoin and about $7 million worth of ether to Gemini, a blockchain media outlet reported. The transfers were spotted as bitcoin faced downward pressure around $59,000. Arkham Intelligence data showed the moves resembled the brothers’ prior selling patterns, though the purpose was not disclosed. Some market participants cautioned that deposits alone do not confirm sales.

Crypto

BitMEX replaces CEO, CFO and growth chief at once, renewing talk of exchange sale

BitMEX has replaced its CEO, CFO and chief growth officer at the same time, drawing attention to the reasons behind the reshuffle. The changes were first confirmed through LinkedIn profile updates, with no official statement released. Peter Wilkinson, previously global chief legal officer and chief operating officer, was appointed CEO. Industry watchers link the move to possible sale or M&A preparations and to the exchange’s history of U.S. regulatory disputes.

Crypto

U.S. CFTC regulatory retreat under scrutiny as Warren seeks answers on Gemini, Polymarket

U.S. Senator Elizabeth Warren pressed the Commodity Futures Trading Commission over what she called a pullback in crypto enforcement and suspected political interference. Warren asked Chairman Michael Selick to explain reduced enforcement, staffing cuts and whether certain firms received favorable treatment. She cited sharp declines in cases and penalties since the Trump administration began, reports of workforce reductions, and approvals involving Polymarket and Gemini. Warren demanded records by June 18.