Winklevoss Twins Donate $21M in BTC to Pro-Trump PAC
The Winklevoss twins donated 188 BTC to support Trump’s pro-crypto agenda ahead of the U.S. midterms.
- Winklevoss twins donate 188 BTC ($21M) to pro-Trump PAC.
- Donation supports Trump’s pro-crypto stance in the 2024 election.
- Crypto leaders increasingly align with political candidates.
A Bold Crypto Statement Ahead of the Election
In a major political move, Tyler and Cameron Winklevoss have donated 188 Bitcoin — worth approximately $21 million — to a political action committee (PAC) supporting Donald Trump. The donation, made ahead of the U.S. midterms, signals strong support for Trump’s pro-crypto agenda and marks one of the largest crypto-backed political contributions to date.
Known for founding the Gemini crypto exchange, the Winklevoss twins have long been prominent figures in the blockchain industry. Their donation reflects growing concern among crypto entrepreneurs about regulation and government oversight under current leadership.
Backing a Pro-Crypto Political Agenda
The Winklevoss twins made it clear that their financial support is about protecting innovation in the U.S. crypto sector. Trump has publicly taken a favorable stance on crypto, promising to support blockchain development, protect digital asset holders, and push back against what he calls “anti-crypto” regulatory overreach.
Their donation to the pro-Trump PAC aims to help elect candidates who support a friendlier regulatory environment for crypto. This comes as the industry faces increasing scrutiny from federal agencies like the SEC, creating uncertainty for companies and investors alike.
Crypto and Politics: A Growing Alliance
This event underscores a growing trend — the crypto industry is getting politically involved. As lawmakers debate new regulations, more crypto leaders are aligning with candidates who promise innovation-friendly policies. The Winklevoss twins’ $21 million BTC donation is both a financial and ideological statement, suggesting that crypto’s future in the U.S. could be heavily influenced by the outcome of upcoming elections.
With the 2024 election season heating up, expect to see more political action from high-profile crypto figures aiming to shape policy — and secure the future of digital assets.
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