Winklevoss Twins deepens the relationship with Trump’s family with a mining investment: Surprise

Cameron and Tyler Winklevoss, the co-founders of the Cryptocurrency Exchange Gemini, have been reported to have invested in American Bitcoin, the mining company tied to the family of President Donald Trump’s President Donald Trump.

According to a Thursday report Bloomberg citing Hut 8 CEO Asher Genoot, The Winklevoss Twins Invested An unknown amount in American Bitcoin, the mining company founded by Donald Trump Jr., Eric Trump, and others. The company said in May this Planning to go public by an integration with GRYPHON digital mining.

The reported investment is the latest connection between Gemini’s co-founders and the Trump family, including a $ 2-million Contribution to Trump’s 2024 campaignattending inauguration events, and participating in a crypto summit of the March White House.

The brothers too attend a ceremony on signing On July 18 for the Genius Act to fix payment stables, where the President personally recognized their contributions.

https://www.youtube.com/watch?v=sumyysrjvzm

Gemini said in June that the company That -file for an initial public offer in the US by the Securities and Exchange Commission (SEC). The financial regulator, led by Trump pick Paul Atkins, collapsed an investigation In Gemini in February due to allegations that offered unregistered security through the revenue program.

Cointelegraph handed over a Gemini spokesman to comment on the amount of investment, but did not receive a response at the time of publication.

Related: Tyler Winklevoss claims that JPMorgan blocked Gemini in public criticism

Gemini execs have been reported trying to influence the CFTC

Investing in Trump’s family mining company complied with a politico report suggesting that winklevoss brothers could have White House forced In the recall of Brian Quintenz’s nomination to lead the US Commodity Futures Trading Commission (CFTC).

The Senate Agriculture Committee has been set to vote At Quintenz’s nomination last week before the room continued to retreat, but it was delayed for a request from the White House.