Gemini founders donate $1 million in bitcoin to Trump

(Reuters) – Winklevoss brothers, the founders of crypto currency exchange Gemini, said in a post on social media platform X on Thursday that they have donated $1 million in bitcoin to Donald Trump and will be voting for him in November.

“Over the past few years, the Biden Administration has openly declared war against crypto. It has weaponized multiple government agencies to bully, harass, and sue the good actors in our industry in an effort to destroy it,” Tyler Winklevoss said in his post.

Earlier in the month, Republican presidential candidate Donald Trump presented himself as a champion for cryptocurrency and slammed Democrats’ attempts to regulate the sector during a San Francisco fundraiser.