The boycott against MIT graduates stems from SEC chair Gary Gensler’s enforcement actions against crypto firms, including a $21 million fine on Gemini. Winklevoss believes universities hiring Gensler betray the crypto sector, igniting debates on punishing students for his past actions.
While some in the crypto community support this boycott, others, like Sergey Gorbunov, advocate for not penalizing students. They argue that distinguished individuals should not face the consequences of actions taken by former SEC officials.