The founders of the Gemini exchange, Tyler and Cameron Winklevoss, have officially donated a combined $1 million worth of Bitcoin (BTC) to unseat current US Senator Elizabeth Warren. The twins each donated $500,000 in the leading crypto to support crypto advocate John Deaton against the current Massachusetts Representative.
The Winklevoss support follows a similar donation made by Ripple. Indeed, the XRP issuers had announced a $1 million donation earlier this week. Warren has been outspoken in her stance against the cryptocurrency industry. These endorsements bring Deaton one step closer to potentially unseating the official.
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Winklevoss Twins Follow Ripple, Donate $1M in BTC to John Deaton
The crypto market has become a key battleground in the 2024 elections. With the industry facing regulatory scrutiny for several years, they are seeking to take action politically. This has manifested yet again, as industry heads are targeting one well-known skeptic.
Gemini Exchange founders, the Winklevoss twins, have announced a donation of $1 million in Bitcoin to help unseat US Senator Elizabeth Warren. Taking to X (formerly Twitter), Tyler Winklevoss discussed Warren as “one of the single greatest threats to American prosperity.”
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“When it comes to crypto, she is public enemy number one,” he said. “She’s the chief architect and driver of the Biden administration’s war on crypto. She wages this unlawful war by weaponizing government agencies to attack our industry through a combination of debunking, bad faith enforcement actions, and other abuses of power.”
He also called John Deaton “an American hero” when discussing his potential candidacy. The pro-XRP lawyer became a prominent voice amid the ongoing Ripple and SEC lawsuit. He already boasts strong backing from the crypto market. That could make way for an eventual victory.