Cryptocurrency Exchange Founders Tyler, Cameron Winklevoss Donate $2 Million to Trump

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Cameron and Tyler Winklevoss, the founders of the cryptocurrency exchange Gemini, on Thursday announced that they have donated $2 million in bitcoin to former President Donald Trump’s reelection campaign, citing the Biden administration’s “war against crypto.”

Tyler Winklevoss wrote that he and his brother now back Trump, noting that President Joe Biden’s administration has been openly hostile to the burgeoning financial technology industry:It has weaponized multiple government agencies to bully, harass, and sue the good actors in our industry in an effort to destroy it.

Trump wrote in mid-June, “VOTE FOR TRUMP! Bitcoin mining may be our last line of defense against a CBDC. Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT!!!”a Bitcoin Magazine op-ed written by Brian Morgenstern, a former Trump administration official, which argues that “Trump is the best choice for Bitcoin.

 

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