Gemini

Biden

Joe Biden

Gemini co-founders Cameron and Tyler Winklevoss have each pledged $1 million in Bitcoin (<a href="https://cointelegraph.com/bitcoin-price">BTC</a>) toward the reelection of former U.S. President Donald Trump.
In June 20 X posts, the Winklevoss twins <a href="https://x.com/tyler/status/1803872859938549920" target="_blank" rel="noopener nofollow">said</a> they planned to vote for the prospective Republican Party candidate for U.S. President on Nov. 5, saying they would each send 15.47 BTC — roughly $1 million at the time of publication — to his campaign. Both brothers claimed that Trump was “pro-Bitcoin” and “pro-crypto,” and President Joe Biden had “openly declared war against crypto” while in office.
“President Donald J. Trump is the pro-Bitcoin, pro-crypto, and pro-business choice,” claimed Tyler. “This is not even remotely open for debate. Anyone who tells you otherwise is severely misinformed, delusional, or not telling the truth [...] It’s time for the crypto army to send a message to Washington. That attacking us is political suicide.”
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 Source: <a href="https://x.com/tyler/status/1803872859938549920" target="_blank" rel="noopener nofollow">Tyler Winklevoss</a>
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Tyler specifically cited the U.S. Securities and Exchange Commission’s enforcement actions against crypto firms under the Biden administration and the “weaponization of the banking system against crypto companies” — a reference to Operation Choke Point 2.0. The twins did not mention the regulator’s activity under Trump from 2017 to 2021.
The Winklevoss brothers reportedly <a href="https://www.nytimes.com/2024/06/07/business/dealbook/donald-trump-big-tech-fundraiser.html" target="_blank" rel="noopener nofollow">attended</a> a June fundraiser for Trump, costing up to $300,000 per person. They have also <a href="https://cointelegraph.com/news/winklevoss-twins-donate-millions-crypto-fairshake-super-political-action-committee">donated roughly $5 million</a> to the Fairshake political action committee and its affiliates, which has been <a href="https://cointelegraph.com/news/super-pac-attack-ad-new-york-democrat">responsible for attack ads</a> against lawmakers and backing certain Democratic and Republican candidates for office. 
Related: <a href="https://cointelegraph.com/news/trump-crypto-president-2024-campaign-law-decoded">Trump promises to become the ‘crypto president’ — Law Decoded</a>
The twins’ announcement did not mention Trump’s <a href="https://cointelegraph.com/news/trump-convicted-pro-crypto-presidential-candidate-risk">conviction on 34 felony counts</a> in May, which could interfere with the former president’s attempt to run again. Though he leads the polls as the prospective Republican presidential candidate, Trump will face a sentencing hearing in New York on July 11 — less than a week before he is expected to secure the official party nomination.
In the last two months amid his legal troubles, Trump has <a href="https://cointelegraph.com/news/3-memorable-moments-from-trump-nft-dinner">hosted a dinner</a> for people who purchased a non-fungible token of his mugshot in a criminal case in Georgia, said his campaign will accept donations in crypto and met with executives from major mining firms — the last of which resulted in Trump announcing his intention to have <a href="https://cointelegraph.com/news/trump-bitcoin-miners-meet-latest-show-of-industry-support">all BTC mined</a> in the United States. President Biden has also reportedly been considering having his reelection campaign accept cryptocurrency.
Many on X seemed supportive of the Winklevoss’ endorsement. However, some <a href="https://x.com/kylekemper/status/1803875435039912072" target="_blank" rel="noopener nofollow">questioned</a> Trump’s intentions on crypto and whether he was looking to learn from the example of Robert F. Kennedy Jr, a crypto-friendly candidate running as an Independent in 2024. Trump also called Bitcoin a scam in 2021 after he had left office.
Magazine: <a href="https://cointelegraph.com/magazine/crypto-voters-are-already-affecting-the-2024-presidential-election/">Crypto voters are already disrupting the 2024 election — and it’s set to continue </a>

Winklevoss twins pledge $2M for Trump, claiming Biden waged war on crypto

Cointelegraph

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