During the conference, the candidate also denied investing in Bitcoin. “I am not an investor, and I am not here to give investment advice,” he stated.
The financial disclosure filed on June 30 does not specify when the cryptocurrency was purchased, only that it has returned less than $201 since the investment was made. The filing does not indicate who made the purchase in the Kennedy family, although the candidate's campaign acknowledged it was Kennedy Jr.Challenging President Joe Biden, Kennedy Jr. has targeted the crypto community in his campaign.
that “cryptocurrencies, led by bitcoin, along with other crypto technologies are a major innovation engine," adding that it was a mistake for the U.S. government"to hobble the industry and drive innovation elsewhere."has recently thrown his weight behind the candidate . “He can and will,” wrote Dorsey on Twitter about the candidate's strategy to defeat his opponents in the upcoming race.
Kennedy Jr. is the son of former Attorney General and Senator Robert F. Kennedy, as well as the nephew of the 35th President of the U.S. John F. Kennedy. His support comes at a crucial time for the American crypto industry, as the Securities and Exchange Commission is cracking down on crypto businesses in the absence of a proper regulatory framework for digital assets in the U.S.
The June 30 financial disclosure lacks purchase details but confirms a return of less than $201 for the undisclosed Bitcoin investment.
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