Cameron and Tyler Winklevoss, the founders of the cryptocurrency exchange Gemini, on Thursday announced that they have donated $2 million in bitcoin to former President Donald Trump’s reelection campaign, citing the Biden administration’s “war against crypto.”
Tyler Winklevoss wrote that he and his brother now back Trump, noting that President Joe Biden’s administration has been openly hostile to the burgeoning financial technology industry:
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. This Administration’s actions have been nothing short of an unprecedented abuse of power wielded entirely for twisted political gain at the complete expense of innovation, the American taxpayer, and the…
