Reported 8 months ago
The billionaire Winklevoss twins, founders of Gemini cryptocurrency company, announced on social media that they each donated $1 million in bitcoin to support Donald Trump, citing his pro-bitcoin and pro-crypto stance. This comes amid increased crypto industry efforts to influence U.S. politicians due to heightened regulatory scrutiny following major crypto firm bankruptcies in 2022. In February, Gemini settled with financial regulators over alleged wrongdoing, agreeing to return funds to customers and pay fines.
Source: YAHOO