Winklevoss twins donate to new Super PAC supporting pro-crypto candidate John Deaton in race against Massachusetts Senator Elizabeth Warren.
Tyler and Cameron Winklevoss, the entrepreneurial duo of Facebook fame and founders of the Gemini cryptocurrency exchange announced Thursday a $500,000 donation each in bitcoin to a super PAC supporting John Deaton, a pro-crypto lawyer looking to end Democratic Senator Elizabeth Warren’s twelve-year reign. Last month, the crypto bros announced a $2 million bitcoin donation to GOP presidential nominee Donald Trump, to help end what he called the Biden Administration’s "war on crypto.
Cameron, on his account, said: "John Deaton is pro-Bitcoin, pro-crypto, pro-business and he will put an end to Elizabeth Warren’s war on crypto. Onward!" A press official for Warren did not respond to a request for comment.
Meanwhile, Warren herself has introduced legislation that would attempt to curb cryptocurrencies, and the blockchain technology they run on, from being used in terrorism or illicit finance schemes. The crypto industry sees the bill as a threat to the growth of the industry in the U.S., fearing stifling regulation would force crypto firms offshore. Despite her unpopularity among the crypto crowd, Warren is nonetheless favored to win in November.
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