Winklevoss twins donate $1 million in bitcoin to Sen. Warren's rival

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The Block2024/07/18 21:19

By:The Block

Quick Take The Winklevoss twins said they each donated $500,000 in bitcoin to Republican candidate John Deaton, who is running against Elizabeth Warren to become U.S. senator of Massachusetts. Tyler Winklevoss said Sen. Warren is crypto’s “public enemy number one.”

Tyler and Cameron Winklevoss said they have donated a total of $1 million in bitcoin to the campaign of John Deaton, who is running for U.S. senator from Massachusetts.

Deaton hopes to unseat Senator Elizabeth Warren, whom Tyler Winklevoss called crypto's "public enemy number one" in a post to X . "She’s the chief architect and driver of the Biden Administration’s war on crypto," he said.

Both brothers are donating $500,000 each in bitcoin to Deaton's campaign, they said in separate posts. Cameron Winklevoss called Deaton "pro-bitcoin" and "pro-crypto" in his post .

Earlier this week, Ripple Labs donated $1 million to a new super political action committee created to help Deaton beat Warren in the upcoming election. Deaton accepts crypto donations on his official website.

Last month, the Winklevoss twins also endorsed former President Donald Trump and donated a total of $2 million to the Republican nominee for president. The Gemini co-founders have also donated $250,000 each to a pro-Trump super PAC

In recent months, Trump has managed to position himself as the pro-crypto presidential candidate despite in the past denigrating digital assets.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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