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The Winklevoss twins give Donald Trump $2 million to finance his campaign

Nicholas by Nicholas
June 21, 2024
in Crypto
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The Winklevoss twins give Donald Trump  million to finance his campaign

On Thursday, the Winklevoss brothers announced their support for Donald Trump's campaign for the presidency of the United States with $1 million in Bitcoin (BTC) each. They thus become the first crypto leaders to take sides in this way.

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Les jumeaux Winklevoss donnent 2 millions de dollars à Donald Trump pour financer sa campagne

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The Winklevoss brothers affirm their support for Donald Trump

Tyler and Cameron Winklevoss, the two entrepreneurs at the head of the Gemini cryptocurrency exchange, announced Thursday evening that they had donated $1 million worth of Bitcoin (BTC) each to former president and candidate Donald Trump. Through this gesture, the twins affirm their support for the billionaire in his race for the White House against Joe Biden.

On X, Tyler Winklevos published a long message in which he was particularly critical of the current government in place. Thus, the person concerned does not hesitate to use the lexical field of war to qualify the policy pursued by the Biden administration, even going so far as to speak of the “militarization of the Securities and Exchange Commission (SEC) » :

I just donated $1 million in bitcoin (15.47 BTC) to @realDonaldTrump and will be voting for him in November. Here's why:

Over the past few years, the Biden Administration has openly declared war against crypto. It has weaponized multiple government agencies to bully, harass, and… pic.twitter.com/qOQSpmanBR

— Tyler Winklevoss (@tyler) June 20, 2024

Further, he compares the coercive actions towards the crypto ecosystem to Operation Chock Point, which saw a wave of repression against banks accused of various frauds and illegal operations around ten years ago. of years. So, Tyler Winklevoss points the finger at government agencies :

blockquote icon

The Biden administration has polluted the mission and corrupted the integrity of these agencies. All are run by unelected bureaucrats appointed by President Biden to carry out his marching orders. The moral compass of these foot soldiers is political gain and their higher calling is political power.

To conclude, the entrepreneur affirms his support for candidate Trump :

“President Donald J. Trump is the pro-Bitcoin, pro-crypto, pro-business choice. This question is not even open for debate. Anyone who tells you otherwise is seriously misinformed, delusional, or not telling the truth. It's time to take back our country. It's time for the crypto army to send a message to Washington. »

👉 Also in the news — dYdX launches its v5 on mainnet: what's new for the crypto trading platform?

Through this support, Winklevoss twins become first crypto executives to officially take sides for a candidate by making a direct financial contribution. As the deadline of the 5th approaches, it will be interesting to pay attention to the players who could in turn side with one side or the other.

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Since 2021, I have devoted my free time to seriously educating myself on cryptocurrencies in order to acquire maximum knowledge and credibility. I often have the opportunity to conduct interviews with influential figures in the blockchain industry. I also conduct in-depth analyzes on Web3 themes to offer exclusive content to Cryptoast readers.

Vincent Maire

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