Winklevoss twins donated 30.94 Bitcoin ($2M) to Trump, opposing Biden’s crypto policies.
They criticised Biden for hindering crypto innovation via Operation Choke Point 2.0.
Tyler Winklevoss backs Trump as pro-Bitcoin and urges crypto community support
Cameron and Tyler Winklevoss, twins behind Gemini, donated 30.94 Bitcoin, valued at over $2 million,to Donald Trump’s campaign.They donated 15.47 BTC ($1 million) each to Trump to halt the Biden Administration’s crackdown on cryptocurrency, expressing dissatisfaction with the administration’s regulation approach.
Biden’s Crypto Policies Are Opposed
The Winklevoss twins have not only criticised the Biden Administration but have gone ahead to state the specific position that they disagree with. Tyler Winklevoss began an attack on the government for using agencies to halt the advancement of the crypto industry and innovation.
I also just donated $1 million in bitcoin (15.47 BTC) to @realDonaldTrump and will be voting for him in November.Here’s the TL;DR — President Trump is:Pro-BitcoinPro-CryptoPro-BusinessAnd he will put an end to the Biden Administration's war on crypto. Onward! https://t.co/r6iDP7BdbE
— Cameron Winklevoss (@cameron) June 20, 2024
He mentioned “Operation Choke Point 2.0,” claiming that federal agencies pushed banks to steer clear of crypto companies. Tyler believes that these tactics are damaging to the US economy and obstruct technological advancement.
Support for Trump
Both brothers announced their donations on social media and condemned the current government’s actions towards the cryptocurrency industry showing confidence in Trump’s ability to promote a more favourable environment for innovation and economic development.
Tyler Winklevoss agreed with these remarks. He criticised the Securities and Exchange Commission (SEC) for failing to offer clear regulations for cryptocurrencies, instead of relying on outdated legislation. He believes this approach hampers the development of digital assets.
Vision for the Future
The Winklevoss twins emphasise the importance of Trump’s support for Bitcoin and business for the US crypto industry’s future. They call for political change to prevent further damage and foster innovation. Tyler urges the crypto community to support Trump, sending a strong message to Washington..
“President Donald J. Trump is the pro-Bitcoin, pro-crypto, and pro-business choice. This is not even remotely open for debate. Anyone who tells you otherwise is severely misinformed, delusional, or not telling the truth,” Tyler concluded.
“It’s time to take our country back. It’s time for the crypto army to send a message to Washington. That attacking us is political suicide. This is why I will be casting my vote for President Trump in November and I hope you will too. Onward!”
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