Winklevoss Brothers Donate $2 Million To Donald Trump Campaign, Say Biden Is Weaponizing SEC Against Crypto 

Gemini
co-founders
Cameron
and
Tyler
Winklevoss
have
pledged
to
donate
$2
million
worth
of
Bitcoin
to
former
US
President
Donald
Trump
for
his
reelection
campaign.

“It’s
time
for
the
crypto
army
to
send
a
message
to
Washington,”
said
Tyler
Winklevoss
in
a
post
on
X.
“That
attacking
us
is
political
suicide.
This
is
why
I
will
be
casting
my
vote
for
President
Trump
in
November.”

In
posts
published
on
X,
the
Winklevoss
twins
accused
the
Biden
administration
of
weaponizing
the
US
Securities
and
Exchange
Commission
(SEC)
against
crypto.
They
said
that
Trump
is
“pro-Bitcoin,
pro-crypto,
and
pro-business
choice.”

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

The
donation
follows
Trump’s
open
support
for
the
crypto
industry
on
his
campaign
trail.
Some
of
his
promises
include

supporting
Bitcoin
mining
and
US
crypto
businesses.

Biden
Declared
War
Against
Crypto

Tyler
said
his
decision
to
endorse
Trump
followed
a
series
of
anti-crypto
actions
by
the
Biden
administration.

He
accused
the
US
government
of
using
the
banking
system
to
fight
crypto
companies.
According
to
Tyler,
US
banks
are
threatened
with
fines
and
new
supervisory
rules
if
they
attempt
to
bank
crypto
companies.

He
also
alleged
losing
multiple
bank
accounts
because
of
owning
crypto
assets.

Tyler
also
took
a
swing
at
the
SEC
for
failing
to
develop
explicit
rules
for
the
crypto
industry.
That
failure
was
“by
design”
to
cripple
the
industry,
he
added.

“The
game
is
simple,”
Tyler
said.
“Make
it
impossible
to
comply,
then
sue
everyone
for
not
complying.”

Still,
some
members
of
the
crypto
community
remain

skeptical
that
Trump
will
bring
meaningful
change
for
the
industry,
as
he
did
nothing
to
support
it
when
he
was
president.

The
Biden
campaign
has
in
the
meantime
reached
out
to
senior
members
of
the
crypto
industry,
and
seemingly
softened
its
stance
against
it.

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