Cameron and Tyler Winkelvos, the founders of exchanging the encrypted currency, said that they had sent more than $ 21 million from Bitcoin to the PAC committee with the intention of helping US President Donald Trump in the encryption agenda with a majority of a republic in Congress.
On Wednesday’s Publishing X, Tyler Winklevoss He said Contribute to more than 188 Bitcoin (BTC), About $ 21 million at the time, for the PAC Digital Fund.
According to the founders of Gemini, their goal of contributing was to “support President Trump and his administration’s efforts” related to the encryption policy by trying to influence the American renewal elections for 2026, support the legislation of the market structure, and “struggle for” other issues related to digital assets and Blockchain.
“The Digital Freedom Fund will work with pro -joint groups and retreat from identifying and supporting other issues, such as the tax exemption of bitcoin. [which grants tax-free status to gains under a certain amount] “Other encryption transactions, which will unleash the potential of these technologies, our industries and America,” said Winklevosses.
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The contribution of Bitcoin more than a year ago that the United States is scheduled to carry out its following federal elections, in November 2026. After losing the majority of control of the US Senate and many of the House of Representatives seats for Republicans in 2024, as well as the presidency, many Democrats were discussing in the upcoming elections to stop power.
According to the records with the Federal Electoral Committee, it was the Pac Digital Fund Prescribed On July 11 with treasurer Jana Rotland. According to what was reported, I participated in many PACS and other organizations, including a non -profit organization linked to former Republican presidential candidate Vivic Ramasuami.
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Winklevosses also played a role in the Trump 2024 elections by Donate about $ 2 million in Bitcoin To his campaign. The last $ 21 million contribution is likely to be a sign of the total bitcoin supply, which is limited to 21 million coins.
They are also personally It contributed about 5 million dollars To Fairshake Pac, which spent more than $ 130 million to support Congress candidates, which he considered “a quarter of a quarter” and oppose those who said they were “Crypo rewards” in 2024. Versaki. He said in July It raised $ 141 million for use in the US elections, including 1026 Midterms.
Does Gemini buy a seat on the table?
After their general support and financial contribution to Trump’s nomination of 2024, both the Winklevoss brothers were invited to attend the opening events and participate in the Crypto summit at the White House. President I admit their support In July during a signing ceremony for the guidance and creation of the national innovation of the American Stablecoins Law (Genius), which was passed by votes from the two parties in Congress.
According to what Winklevosses deepened their financial relationships with Trump Investing in the American bitcoin currencyThe encryption mining company is linked to the President’s family.
Reports indicate that the founders participating in Gemini have erupted in the Trump encrypted agend He is asked to reconsider Brian Quintns nomination of the Chairman of the American Commodity Futures Trading Committee. President Quintenz nominated in February, with the two brothers initially supported this step in social media publications.
The report fell about a day later after the Senate Agriculture Committee said that the White House had it Request delay To consider Quintns nomination. It seems that this step by Winklevosses puts them at odds with many encryption organizations and blocks, who He wrote a letter on support Quintns confirm on Wednesday.
magazine: Trump’s encryption projects raise conflicts in interests, trading questions from the inside
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