Trump bags a huge endorsement from the Winklevoss twins and gets $1million donation in bitcoin – as they slam Biden for ‘declaring war on crypto’
- The donations come in the form of bitcoin
- Tyler Winklevoss called Trump “pro-Bitcoin” and said he would vote for him
Donald Trump’s presidential campaign netted a huge campaign donation from the billionaire Winklevoss twins – which had to be delivered in the form of bitcoin.
Tyler Winkelvoss, who was portrayed in “The Social Network” as a rival to a young Mark Zuckerberg at Harvard, announced the donation on X.
“I just donated $1 million in bitcoin (15.47 BTC) to @realDonaldTrump and will be voting for him in November,” he posted online. He then stated his reasons, saying, “In recent years, the Biden administration has openly declared war on crypto,” saying it had “armed government agencies” in the process.
“The Biden administration has consistently attacked corporate America across the board and vilified its greatest heroes,” he said.
Bitcoin Magazine wrote that the couple’s donations would be valued at $2 million in bitcoin.
The donation from Gemini co-founders Cameron and Tyler comes as Trump tries to overtake President Biden’s cash advantage with cash, even as both camps raise surprising amounts of money.
Billionaire Tyler Winklevoss announced he would donate in cryptocurrency and said he would vote for Trump
The Trump camp telegraphed its interest in new currencies with a “now accepting crypto” announcement on his campaign website.
And Trump himself has established himself as a new technology and media baron, with a paper valuation of billions on his Trump Media company, although its shares plunged after his guilty verdict in Manhattan.
Trump and former first lady Melania Trump have both dabbled in the sale of digital NFTs.
Winklevoss announced the donation online and said he would make it in crypto
Cryptocurrency exchange Gemini – run by billionaire twins Cameron and Tyler Winklevoss – will return at least $1.1 billion to customers of its defunct lending program and pay a $37 million fine for unsafe and unsound practices.
The group went through a series of layoffs in 2022 and 2023, sparking controversy when a video of the twins — each worth $1.4 billion according to Forbes — performing Journey’s “Don’t Stop Believin” went viral days after a round of budget cuts.
Crypto exchange Gemini has had its share of troubles, returning more than $1 billion to customers from a defunct lending program and agreeing to pay a $37 million fine for unsafe lending practices.
They have also criticized the Securities and Exchange Commission and called Trump “pro-Bitcoin.”
President Donald J. Trump is the pro-Bitcoin, pro-crypto and pro-business choice. This isn’t even remotely open to discussion. Anyone who tells you otherwise is seriously misinformed, delusional, or not telling the truth.”
The twins found themselves in hot water during major layoffs in 2022 and 2023 when a video of them emerged performance of Journey’s ‘Don’t Stop Believin” with their cover band went viral for days after a round of cutbacks.