{"id":598,"date":"2024-06-21T14:46:55","date_gmt":"2024-06-21T14:46:55","guid":{"rendered":"http:\/\/filipzajac.me\/?p=598"},"modified":"2024-06-24T03:04:23","modified_gmt":"2024-06-24T03:04:23","slug":"winklevoss-twins-say-they-each-donated-1m-in-bitcoin-to-trump","status":"publish","type":"post","link":"http:\/\/filipzajac.me\/index.php\/2024\/06\/21\/winklevoss-twins-say-they-each-donated-1m-in-bitcoin-to-trump\/","title":{"rendered":"Winklevoss twins say they each donated $1M in bitcoin to Trump"},"content":{"rendered":"<div class=\"nxs-player-wrapper\" data-react-component=\"VideoPlayer\" data-video_id=\"9802212\" data-post_id=\"4733120\" data-sticky=\"\" data-minimized=\"1\" data-allow_render=\"0\" 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cryptocurrency exchange Gemini, said they each donated $1 million in bitcoin to former President Trump.<\/p>\n<p>\u201cOver the past few years, the Biden Administration has openly declared war against crypto,\u201d Tyler Winklevoss <a href=\"https:\/\/x.com\/tyler\/status\/1803872859938549920\">posted on the<\/a> social platform X. \u201cIt has weaponized multiple government agencies to bully, harass, and sue the good actors in our industry in an effort to destroy it.\u201d\u00a0<\/p>\n<p>Cameron Winklevoss, who said he also donated 15.47 BTC ($1 million) to Trump, <a href=\"https:\/\/x.com\/cameron\/status\/1803876953860247831\" target=\"_blank\" rel=\"noreferrer noopener\">posted on X<\/a> that Trump \u201cwill put an end to the Biden Administration\u2019s war on crypto,\u201d dubbing the former president \/&#8221;Pro-Bitcoin Pro-Crypto Pro-Business.&#8221;<\/p>\n<div class=\"sailthru_shortcode\">\n<div class=\"sailthru-signup-widget sailthru-signup-display-area sailthru-signup-hill-position-main\">\n\t\t<span class=\"sailthru-signup-widget-close\"><a href=\"#sailthru-signup-widget\">Close<\/a><\/span><\/p>\n<div class=\"sailthru_form\">\n<div class=\"sailthru-signup-success-message\">\n<div class=\"icon\"><\/div>\n<p class=\"thanks\">Thank you for signing up!<\/p>\n<p class=\"watch\">Subscribe to more newsletters <a href=\"http:\/\/nxslink.thehill.com\/join\/7aa\/signup\">here<\/a><\/p>\n<\/p><\/div>\n<div class=\"sailthru-subscribe-grid-display\">\n<div class=\"sailthru-signup-display-message-wrapper\">\n<div class=\"sailthru-signup-display-logo\"><\/div>\n<div class=\"sailthru-signup-display-message\">\n\t\t\t\t\t\t\t<span>The latest in politics and policy.<br \/>\nDirect to your inbox.<br \/>\nSign up for the Technology newsletter<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"sailthru_form_input form-group\">\n<div class=\"sailthru-add-subscriber-errors\"><\/div>\n<\/p><\/div>\n<p>\t\t\t\t<span class=\"input-group-btn\"><br \/>\n\t\t\t\t\t<button class=\"sailthru-signup-display-button\" type=\"submit\"><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\tSubscribe<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/button><br \/>\n\t\t\t\t<\/span><\/p><\/div>\n<\/p><\/div>\n<p>\t\t\tif ( window.checkSizeClasses &amp;&amp; window.checkSizeClasses instanceof Function) {<br \/>\n\t\t\t\twindow.checkSizeClasses();<br \/>\n\t\t\t}<\/p><\/div>\n<\/div>\n<p>During a campaign swing in California in early June, Trump <a href=\"https:\/\/thehill.com\/policy\/technology\/4716466-trump-gop-make-inroads-in-silicon-valley\/\" target=\"_blank\" rel=\"noreferrer noopener\">pitched himself as<\/a> the \u201ccrypto president,\u201d portraying himself as a <a href=\"https:\/\/www.reuters.com\/world\/us\/trump-pitches-himself-crypto-president-san-francisco-tech-fundraiser-2024-06-07\/\" data-type=\"link\" data-id=\"https:\/\/www.reuters.com\/world\/us\/trump-pitches-himself-crypto-president-san-francisco-tech-fundraiser-2024-06-07\/\" target=\"_blank\" rel=\"noreferrer noopener\">supporter of the<\/a> industry.<\/p>\n<p>President Biden has angered crypto advocates for his moves to regulate the industry, with the president recently <a href=\"https:\/\/www.axios.com\/2024\/06\/01\/biden-veto-crypto-bill-sec\" target=\"_blank\" rel=\"noreferrer noopener\">vetoing a congressional resolution<\/a> that would overturn a Securities and Exchange Commission (SEC) rule opposed by the industry. Republicans, including House Majority Whip Rep. Tom Emmer (R-Minn.), have also <a href=\"https:\/\/voteyourvision.org\/news\/representative-tom-emmer-challenges-bidens-crypto-policy\/\" data-type=\"link\" data-id=\"https:\/\/voteyourvision.org\/news\/representative-tom-emmer-challenges-bidens-crypto-policy\/\" target=\"_blank\" rel=\"noreferrer noopener\">criticized the administration&#8217;s<\/a> policies. <\/p>\n<p>In 2022, Biden <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2022\/09\/16\/fact-sheet-white-house-releases-first-ever-comprehensive-framework-for-responsible-development-of-digital-assets\/\" target=\"_blank\" rel=\"noreferrer noopener\">unveiled a crypto framework<\/a> that would empower the SEC and the Federal Trade Commission to better regulate the industry.\u00a0<\/p>\n<p>The SEC accused Gemini last year of offering unregistered securities, and the company <a href=\"https:\/\/www.sec.gov\/news\/press-release\/2024-37\" target=\"_blank\" rel=\"noreferrer noopener\">agreed to pay<\/a> $21 million to settle the charges.\u00a0<\/p>\n<p>In his endorsement post, Tyler Winklevoss slammed what he called \u201cthe weaponization of the Securities and Exchange Commission (SEC) against crypto.\u201d\u00a0<\/p>\n<p>\u201cThe Biden Administration\u2019s SEC has not written a single rule for the crypto industry to help any of its participants understand how to navigate the regulatory landscape for this new asset paradigm,\u201d he wrote. \u201cThis is by design.\u201d<\/p>\n<p>\u201cBy taking the ridiculous position that almost every crypto is a security, the Biden SEC has given itself the plausibility and carte blanche to bring litigation against any crypto project and company in the United States. The game is simple. Make it impossible to comply, then sue everyone for not complying. And that\u2019s exactly what the Biden SEC has done over and over again to good actors in the space,\u201d he argued.\u00a0<\/p>\n<p>Gemini <a href=\"https:\/\/ag.ny.gov\/press-release\/2024\/attorney-general-james-recovers-50-million-crypto-firm-gemini-defrauded\" target=\"_blank\" rel=\"noreferrer noopener\">has also been banned<\/a> from operating crypto-lending programs in New York after the state\u2019s attorney general, Letitia James (D), charged it with misleading thousands of investors about the risks associated with a program it launched.\u00a0<\/p>\n<p>The Winklevoss twins are each worth $2.7 billion, according to Forbes. They rose to fame after suing Meta CEO Mark Zuckerberg, claiming he stole their ideas when launching Facebook. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tyler and Cameron Winklevoss, the billionaire twin brothers who co-founded the cryptocurrency exchange Gemini, said they each donated $1 million in bitcoin to former President Trump. \u201cOver the past few years, the Biden Administration has openly declared war against crypto,\u201d Tyler Winklevoss posted on the social platform X. \u201cIt has weaponized multiple government agencies to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[13],"tags":[],"_links":{"self":[{"href":"http:\/\/filipzajac.me\/index.php\/wp-json\/wp\/v2\/posts\/598"}],"collection":[{"href":"http:\/\/filipzajac.me\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/filipzajac.me\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/filipzajac.me\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/filipzajac.me\/index.php\/wp-json\/wp\/v2\/comments?post=598"}],"version-history":[{"count":1,"href":"http:\/\/filipzajac.me\/index.php\/wp-json\/wp\/v2\/posts\/598\/revisions"}],"predecessor-version":[{"id":599,"href":"http:\/\/filipzajac.me\/index.php\/wp-json\/wp\/v2\/posts\/598\/revisions\/599"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/filipzajac.me\/index.php\/wp-json\/wp\/v2\/media\/600"}],"wp:attachment":[{"href":"http:\/\/filipzajac.me\/index.php\/wp-json\/wp\/v2\/media?parent=598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/filipzajac.me\/index.php\/wp-json\/wp\/v2\/categories?post=598"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/filipzajac.me\/index.php\/wp-json\/wp\/v2\/tags?post=598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}