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Tyler and Cameron Winklevoss said Thursday that they collectively donated $2 million in Bitcoin to support the presidential campaign of former U.S. President Donald Trump, the presumptive Republican nominee.
The pair, who co-founded crypto exchange Gemini and previously co-founded Facebook, donated 30.94 BTC in total (15.47 BTC each). Gemini also announced Thursday that customers can now make cryptocurrency donations to “pro-crypto” candidates.
“President Donald J. Trump is the pro-Bitcoin, pro-crypto, and pro-business choice,” Tyler Winklevoss wrote on Twitter (aka X). “This is not even remotely open for debate. Anyone who tells you otherwise is severely misinformed, delusional, or not telling the truth. It’s time to take our country back.
Winklevoss accused the Biden Administration of weaponizing the federal government and banking system against the crypto space, continuing policies first established with Operation Choke Point under the Obama Administration where Biden served as Vice President. He described it as a “war on crypto.”
I also just donated $1 million in bitcoin (15.47 BTC) to @realDonaldTrump and will be voting for him in November.
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! https://t.co/r6iDP7BdbE
— Cameron Winklevoss (@cameron) June 20, 2024
“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. There is nothing the Biden Administration can do or say at this point to pretend otherwise.”
Tyler and Cameron Winklevoss did not immediately respond to Decrypt’s request for comment.
It’s unclear where the funds were sent due to limits on donations to candidates and political parties that are far below the amount that each said they donated. It’s likely that they donated to political action committees (PACs) that support Trump, which are exempt from such limits but are required to operate independently from the candidates’ campaigns.
Editor’s note: This story is breaking and will be updated with additional details.
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Source: https://decrypt.co/236372/winklevoss-twins-donate-2-million-bitcoin-trump
