Winklevoss Twins' aircraft touches down in Palm Beach amid CFTC settlement reversal

Winklevoss Twins's Gulfstream G500, tail number N533WE, was tracked flying from Dothan, Alabama, to Palm Beach International Airport on June 28, arriving after a 66-minute flight at an altitude of 41,025 feet.

If Winklevoss Twins were aboard, they would land in South Florida the same week the U.S. Commodity Futures Trading Commission is actively seeking to undo a $5 million settlement with their crypto exchange, Gemini Trust Co. As reported by Bloomberg and CoinDesk, the CFTC filed a joint motion with Gemini on May 27 to vacate the January 2025 settlement, arguing the previous administration's enforcement action was improperly handled. The agency now says the case would not have been pursued under current standards, per a court filing. Palm Beach has become a hub for crypto-friendly political and regulatory gatherings under the Trump administration, which has publicly welcomed the Winklevoss Twins to White House events.

The aircraft's recent flight history shows a series of trips between Alabama and New Jersey-area airports, suggesting a pattern of visits to Gemini-related operations or personal travel. The twins maintain a Hollywood Hills mansion and a SoHo penthouse, but their growing ties to Florida — including $2 million in Bitcoin donations to Trump's 2024 campaign and Gemini's Nasdaq debut last year — make Palm Beach a frequent logistical base for meetings tied to their business and regulatory strategy.