Cryptocurrency billionaires the Winklevoss twins on Thursday announced they are donating $1 million worth of bitcoin each to support Donald Trump, the latest billionaires to back the former president who has increasingly embraced cryptocurrencies on his 2024 campaign trail.
FILE PHOT Tyler Winklevoss and Cameron Winklevoss said they will be voting for Donald Trump in ... [+]
In an X post announcing his 15.47 BTC ($1 million) donation, Tyler Winklevoss said he will be voting for Trump in November because he was “pro-Bitcoin, pro-crypto, and pro-business choice” and urged the “crypto army” to do the same.
In his lengthy post, the crypto billionaire attacked the Biden administration saying it has “openly declared war against crypto” and accused it of weaponizing government agencies to “bully, harass, and sue the good actors in our industry.”
Cameron Winklevoss also said he has donated 15.47 BTC to Trump and said “he will put an end to the Biden Administration's war on crypto.”
Citing an unnamed spokesperson, Coindesk reported the donations would go to the Trump 47 Committee, a joint fundraising committee that may divide the amount to comply with federal legal limits for campaign donations.
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“The Biden Administration has consistently attacked American business across the board and villainized its greatest heroes. The crime is always success and the reward is always ridicule, fines, and even more red tape,” Tyler Winklevoss wrote in his post.