Winklevoss Twins Back Trump with $1 Million Each, Citing Biden's 'War on Crypto'

Gemini co-founders Tyler and Cameron Winklevoss have become the first major crypto executives to donate to a presidential campaign, each giving $1 million to former President Donald Trump. The twins cited President Biden's administration's alleged "war on crypto" as their primary motivation, claiming the administration has been hostile towards the industry. Tyler Winklevoss explained that they believe Trump is the "pro-Bitcoin, pro-crypto, and pro-business choice." The donations were made in the form of Bitcoin and are part of a larger effort by the Winklevoss brothers to influence U.S. elections. They have previously donated millions to the industry's super PAC, Fairshake, and to other Republican candidates. The Winklevoss' donations join similar contributions from other prominent figures in the crypto industry, like Jeffrey Sprecher, Joe Ricketts, and Robert Bigelow, all of whom have also donated to the Trump campaign.