Tyler and Cameron Winklevoss, co-founders of cryptocurrency exchange Gemini, donated 30.94 bitcoins, worth more than $2 million, to former President Donald Trump's campaign. both of them Cameron And Tyler The Winklevoss announced on their
JUST IN: The Winklevoss twins donated 30.94 #Bitcoin Donald Trump is worth over $2 million "Putting an end to the Biden administration's war on cryptocurrencies." 🇺🇸 pic.twitter.com/cHD2ENnqZM
— Bitcoin Magazine (@BitcoinMagazine) June 20, 2024
Tyler Winklevoss criticized the Biden administration for its hostile approach to the cryptocurrency industry, accusing it of using government agencies as a weapon to stifle innovation and target cryptocurrency companies. “The Biden administration has consistently attacked American businesses across the board and insulted their greatest champions,” he said. He then also highlighted the administration's actions, including “Operation Choke Point 2.0,” where federal agencies allegedly pressured banks to avoid the cryptocurrency business. Tyler argued that these tactics hurt the American economy and innovation.
“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-encryption
“Pro-business,” Cameron said.
Tyler also criticized the Securities and Exchange Commission (SEC) for not establishing clear regulations for cryptocurrencies, instead choosing to enforce outdated laws. He emphasized that the SEC's approach hinders the usefulness and growth of digital assets.
The Winklevoss twins believe Trump's pro-bitcoin, pro-business stance is crucial to the future of the country's cryptocurrency industry. Tyler stressed the need for a policy shift to prevent further damage to the industry and restore an environment conducive to innovation and economic growth.
“President Donald J. Trump is the pro-bitcoin, pro-crypto, pro-business choice. This is not even remotely open to debate. And anyone who tells you otherwise is severely misinformed, delusional, or just not telling the truth,” Tyler finished. “It's time to take back our country. It's time for the Crypto Army to send a message to Washington. Attacking us is political suicide. That's why I'll be casting my vote for President Trump in November and I hope you will too. Onward!”
