Tyler Winklevoss (left) and Cameron Winklevoss (right), co-founders from cryptocurrency exchange Gemini have donated over $2,000 worth of Bitcoin (30.94 Bitcoins) to the former presidential campaign Donald Trump. They both Cameron You can also find out more about the following: Tyler Winklevoss revealed on their X account that each of them contributed $1 million (15.47 BTC) to Trump. “put an end to the Biden Administration’s war on crypto,” Cameron stated, stemming from the twins’ discontent with the Biden Administration’s stance on cryptocurrency regulation.
Winklevoss brothers donated $30,94 #Bitcoin Donald Trump has a net worth of over $2 million "put an end to the Biden Admin's war on crypto." 🇺🇸 pic.twitter.com/cHD2ENnqZM
— Bitcoin Magazine (@BitcoinMagazine) June 20, 2024
Tyler Winklevoss criticised the Biden administration’s hostile approach to the crypto industry. He accused it of weaponizing its government agencies in order to target and stifle the innovation. “The Biden Administration has consistently attacked American business across the board and villainized its greatest heroes,” He said. Then he went on to highlight the actions of the government, such as “Operation Choke Point 2.0,” Federal agencies are alleged to have pressured banks into avoiding crypto-businesses. Tyler claimed that such tactics were detrimental to American innovation and economy.
“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:
– Pro-Bitcoin
– Pro-Crypto
– Pro-Business,” Cameron stated.
Tyler also criticized the Securities and Exchange Commission for failing to establish clear regulations on cryptocurrencies and instead applying outdated laws. The SEC’s method, he argued, hinders the growth and use of digital assets.
Winklevoss Twins think that Trump’s pro Bitcoin and pro business stance will be crucial to the future of crypto in America. Tyler highlighted the need for political change to stop further damage to the industry, and to create an environment conducive innovation and economic 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 conclusion “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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Source: bitcoinmagazine.com