Tyler and Cameron Winklevoss, co-founders of cryptocurrency exchange Gemini, have actually contributed 30.94 Bitcoin, valued at over $2 million, to previous President Donald Trump’s project. Both Cameron and Tyler Winklevoss revealed on their X accounts that they contributed 15.47 BTC ($1 million) each to Trump to “put an end to the Biden Administration’s war on crypto,” Cameron specified, stemming from the twins’ discontent with the Biden Administration’s position on cryptocurrency policy.
SIMPLY IN: Winklevoss twins contributed 30.94 #Bitcoin worth over $2 million to Donald Trump to "put an end to the Biden Admin's war on crypto." 🇺🇸 pic.twitter.com/cHD2ENnqZM
— Bitcoin Magazine (@BitcoinMagazine) June 20, 2024
Tyler Winklevoss slammed the Biden Administration for its hostile technique towards the crypto market, implicating it of weaponizing federal government firms to suppress development and target crypto business. “The Biden Administration has consistently attacked American business across the board and villainized its greatest heroes,” he specified. He then even more highlighted the administration’s actions, consisting of “Operation Choke Point 2.0,” where federal firms presumably forced banks to prevent crypto services. Tyler argued that these techniques are harmful to the American economy and development.
“I also just donated $1 million in bitcoin (15.47 BTC) to Donald Trump and will be voting for him in November. Here’s the TL;DR — President Trump is:Â
– Pro-BitcoinÂ
– Pro-CryptoÂ
– Pro-Business,” Cameron specified.
Tyler also berated the Securities and Exchange Commission (SEC) for not developing clear policies for cryptocurrencies, rather deciding to use out-of-date laws. He competed that the SEC’s technique hinders the energy and development of digital properties.
The Winklevoss twins think that Trump’s pro-Bitcoin and pro-business position is vital for the future of the crypto market in the nation. Tyler highlighted the requirement for a political shift to avoid more damage to the market and to bring back an environment favorable to development and financial development.
“President Donald J. Trump is the pro-Bitcoin, pro-crypto, and pro-business choice. This is not even remotely open for debate. Anyone who tells you otherwise is severely misinformed, delusional, or not telling the truth,” Tyler concluded. “It’s time to take our country back. It’s time for the crypto army to send a message to Washington. That attacking us is political suicide. This is why I will be casting my vote for President Trump in November and I hope you will too. Onward!”
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