The post Gemini Founders Donate $2M in Bitcoin to Support Donald Trump appeared first on Coinpedia Fintech News
Gemini co-founders Tyler and Cameron Winklevoss have donated $2 million in Bitcoin to support Donald Trump’s presidential campaign. Each brother contributed $1 million (15.47 BTC) and criticized Joe Biden’s administration for its anti-crypto stance due to concerns about regulation, security, and control, prioritizing Central Bank Digital Currency (CBDC), which aligns more with its goals. Tyler and Cameron claimed that Biden is using federal power against the crypto industry, comparing it to Operation Choke Point during Obama’s administration. In contrast, the Winklevoss twins announced that Gemini users can now donate to pro-crypto political figures like Trump. This move comes shortly after Trump welcomed cryptocurrency donations, which is beneficial for his upcoming presidential campaign.