Gemini Founders Donate $2 Million in Bitcoin to Support Trump

The Winklevoss twins, founders of the Gemini crypto exchange, have each donated $1 million in Bitcoin to former U.S. President Donald Trump. They cited the Biden Administration's aggressive stance towards crypto as their reason for supporting Trump. They believe the Administration has been weaponizing government agencies to harm the crypto industry. The Winklevoss twins have been vocal critics of the SEC for its lack of clear regulations for the crypto industry. They believe that Trump will end the Biden Administration's 'war on crypto'. This donation comes after the SEC charged Gemini and Genesis with offering unregistered securities through the Gemini Earn program, which subsequently collapsed. The twins believe that a Trump presidency would be better for the future of crypto.