Home web3.0 Tyler and Cameron Winklevoss Send $2 Million in Bitcoin to Donald Trump\'s Presidential Campaign

Tyler and Cameron Winklevoss Send $2 Million in Bitcoin to Donald Trump\'s Presidential Campaign

Jun 22, 2024 pm 01:35 PM

The Gemini crypto exchange co-founders are each sending $1 million worth of Bitcoin (BTC) donations to Republican Presidential candidate Donald Trump.

Tyler and Cameron Winklevoss Send  Million in Bitcoin to Donald Trump's Presidential Campaign

Billionaire crypto exchange co-founders are each sending $1 million in Bitcoin to Republican presidential candidate Donald Trump.

The brothers, who own the Gemini crypto exchange, announced their donations and support for Trump on social media. They cited his pro-crypto stance as a key reason for their decision.

“I also just donated $1 million in bitcoin (15.47 BTC) to Donald Trump and will be voting for him in November,” Cameron Winklevoss wrote on X.

“Here's the TL;DR — President Trump is: Pro-Bitcoin Pro-Crypto Pro-Business And he will put an end to the Biden Administration’s war on crypto. Onward!”

In his post, Cameron highlighted Trump's support for crypto, contrasting it with the Biden administration's stance.

“Over the past few years, the Biden Administration has openly declared war against crypto,” Tyler Winklevoss wrote on X.

“It has weaponized multiple government agencies to bully, harass, and sue the good actors in our industry in an effort to destroy it. This Administration’s actions have been nothing short of an unprecedented abuse of power wielded entirely for twisted political gain at the complete expense of innovation, the American taxpayer, and the American economy.”

Specifically, Tyler accused the Biden administration of using the SEC and the FDIC to undermine crypto assets.

“The Biden Administration’s SEC has not written a single rule for the crypto industry to help any of its participants understand how to navigate the regulatory landscape for this new asset paradigm,” Tyler wrote.

“This is by design. By not writing any new rules for crypto, the SEC can disingenuously say that the existing rules – based on a 1946 Supreme Court decision about a citrus grove in Florida, issued before most homes had a telephone and 50 years before the advent of the commercial Internet – are fit for purpose. They are not…”

Both brothers urged their followers to vote for Trump, highlighting his support for crypto and business.

“It's time for the crypto army to send a message to Washington. That attacking us is political suicide,” Tyler concluded.

“This is why I will be casting my vote for President Trump in November and I hope you will too. Onward!”

Last year, the brothers warned that Democrats faced backlash from voters for their aggressive anti-crypto agenda.

News source:https://www.kdj.com/cryptocurrencies-news/articles/tyler-cameron-winklevoss-send-bitcoin-donald-trump-presidential-campaign.html

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