Bitcoin
Winklevoss Twins Donate $1 Million in Bitcoin to Defeat Elizabeth Warren
Tyler and Cameron Winklevoss, founders of Twins exchange, they each donated $500,000 in Bitcoin to support pro-cryptocurrency advocate John Deaton’s effort to unseat Senator Elizabeth Warren.
On July 18, the Winklevoss brothers explained their donations to the XRP advocate, calling him an “American hero” and the “only candidate who can defeat Elizabeth Warren in the Massachusetts US Senate race.”
Tyler he wrote:
“John Deaton is an American hero; Elizabeth Warren is not. John Deaton is a pro-Bitcoin, pro-crypto, pro-business candidate; Elizabeth Warren is not. She is a legislator who can’t get a bill passed. She is celebrity over results. Policy over leadership. Form over substance.”
Deaton is a prominent pro-XRP advocate who has consistently criticized Warren and U.S. financial regulators’ approach to the emerging industry. He has served vital roles in SEC cases against several cryptocurrency companies, including Ripple.
Notably, Deaton enjoys strong support from the crypto community. His super political action committee (PAC), the Commonwealth Unity Fund, recently received a Ripple Donates $1 Millionand raised about $1.7 million, according to federal election data.
Meanwhile, the Winklevoss twins have also endorsed other pro-crypto candidates. Last month, they donated $2 million in Bitcoin to Donald Trump’s presidential campaign, endorsing his efforts to counter the Biden administration’s anti-cryptocurrency policies.
Lampoon Warren – The Movie
The Winklevoss twins were heavily criticized Warren’s anti-crypto stancecalling it “one of the greatest threats to American prosperity.”
According to Tyler:
“[Warren] is the chief architect and driver of the Biden Administration’s war on crypto. It wages this illegal war by arming government agencies to attack our industry through a combination of debanking, bad-faith enforcement actions, and other abuses of power.”
He added that Warren’s tough policies extend beyond the cryptocurrency industry. According to him, the senator believes that free markets are bad and should be heavily regulated, that businesses are harmful, and that those who start and lead them are villains.
Tyler concluded:
“Cryptocurrency has the ability to level the financial playing field and promote financial inclusion, justice, and freedom for all. Elizabeth Warren should be embracing this. Instead, she tried to kill it. Why? Because she can’t control it. Her thirst for power and control is so great that she puts it ahead of the individual consumer she pretends to care about and protect.”