Winklevoss Twins Donate $2 Million in Bitcoin to Donald Trump
Tyler and Cameron Winklevoss, co-founders of cryptocurrency exchange Gemini, donated 30.94 bitcoins worth $2 million to former President Donald Trump’s campaign. Cameron and Tyler Winklevoss both announced that they each donated 15.47 BTC ($1 million) from their Cameron said it stemmed from the twins’ dissatisfaction with the Biden administration’s stance. About cryptocurrency regulation
Just in: The Winklevoss twins contributed 30.94. #Bitcoin Worth more than $2 million to Donald Trump "End Biden Admin’s Crypto War." 🇺🇸 pic.twitter.com/cHD2ENnqZM
— Bitcoin Magazine (@BitcoinMagazine) June 20, 2024
Tyler Winklevoss criticized the Biden administration’s hostile approach to the cryptocurrency industry, accusing government agencies of stifling innovation and targeting cryptocurrency companies. He said, “The Biden administration has continued to make sweeping attacks on American businesses and cast America’s greatest heroes as villains.” He then further highlighted the administration’s actions, including “Operation Choke Point 2.0,” in which federal agencies reportedly pressured banks to avoid cryptocurrency business. Tyler argued that these tactics were harmful to the American economy and innovation.
“I also donated $1 million in Bitcoin (15.47 BTC) to Donald Trump and will be voting for him in November. Here’s the summary: President Trump is:
– Bitcoin Supporter
– Pro Cryptocurrency
– It’s pro-business,” Cameron said.
Tyler also criticized the Securities and Exchange Commission (SEC) for choosing to apply outdated laws without creating clear regulations for cryptocurrencies. He argued that the SEC’s approach hinders the usefulness and growth of digital assets.
The Winklevoss twins believe Trump’s pro-Bitcoin and pro-business stance is important to the future of the U.S. cryptocurrency industry. Tyler emphasized the need for political change to prevent further damage to the industry and restore an environment conducive to innovation and economic growth.
“President Donald J. Trump is the choice to support Bitcoin, cryptocurrencies, and business. This is absolutely indisputable. Anyone who says otherwise is either seriously misinformed, delusional, or not telling the truth. .” Tyler Conclusion. “It’s time to take our country back. It’s time for the crypto army to send a message to Washington. Attacking us is political suicide. This is why I will vote for President Trump in November and I hope you will too. Looking forward, !”
