bitcoin

Winklevoss Twins Donate $2 Million in Bitcoin to Support Trump's Reelection

The Big Whale

23 Jun 2024 — 1 min read

Winklevoss twins donated $2 million in Bitcoin to Trump's campaign, exceeding legal limits.
Trump's campaign refunded the excess amount, citing federal law restrictions.
Gemini founders criticized Biden's administration for anti-crypto stance.
The twins support Trump as pro-Bitcoin, pro-crypto, and pro-business.
Trump's acceptance of crypto donations signals a shift in his stance.
Gemini launches campaign finance initiative for pro-crypto candidates.

Summary :

Gemini co-founders Cameron and Tyler Winklevoss have each donated $1 million in Bitcoin to support the reelection campaign of former President Donald Trump. The twins cited their belief that Trump is "pro-Bitcoin, pro-crypto, and pro-business" and criticized the Biden Administration for its perceived hostility towards the crypto industry. They accused the administration of declaring war against crypto and using government agencies to stifle innovation. The Winklevoss brothers' donations come as part of their ongoing support for pro-crypto candidates and initiatives.

Sources :

- CoinTelegraph
- Bankless
- CoinTelegraph
- Blockworks
- CoinTelegraph
- Coindesk
- TheBlock
- Decrypt
- Bitcoinmagazine
- CoinTelegraph

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