Key Points
- The Winklevoss twins have donated $2 million in Bitcoin to Donald Trump’s campaign.
- Trump’s campaign has started accepting cryptocurrency donations, reflecting his pro-crypto stance.
Cameron and Tyler Winklevoss, known for their involvement in the cryptocurrency world, have made a significant donation to the campaign of former U.S. President Donald Trump. They have collectively donated Bitcoin worth $2 million, showing their support for the likely Republican nominee in the forthcoming presidential race.
The Winklevoss Twins’ Support
The twins publicized their donations through social media posts. “I have donated Bitcoin worth $1 million (15.47 BTC) to Donald Trump and will be casting my vote for him in November,” Tyler Winklevoss stated in his message.
Tyler, who is also the CEO of Gemini, expressed his concerns about the current administration’s approach towards the crypto industry. He stated, “The Biden administration has openly declared war against crypto. They have utilized multiple government agencies to intimidate, harass, and sue reputable players in our industry with the intention to dismantle it.”
Trump’s Pro-Crypto Stance
His twin, Cameron Winklevoss, echoed these sentiments and also pledged $1 million in Bitcoin to Trump’s campaign. He stated that Trump is pro-Bitcoin, pro-crypto, and pro-business.
In addition to receiving crypto donations, Trump’s campaign has also demonstrated a supportive stance towards the crypto industry. The former president has taken steps to portray himself as the candidate most likely to back cryptocurrencies like Bitcoin and Ethereum.
It’s worth noting that this move by the Winklevoss twins could potentially influence other crypto enthusiasts and businesses, like Binance and Coinbase, to consider supporting political candidates who are favorable towards the crypto industry.