Tyler and Cameron Winklevoss, the co-founders of the cryptocurrency exchange Gemini, have donated a substantial sum of Bitcoin to former President Donald Trump's campaign. The twins announced their contributions of 15.47 BTC each, totaling 30.94 BTC, an amount valued at over $2 million, to support Trump's campaign.

In statements shared on their respective social media accounts, the Winklevoss twins expressed their dissatisfaction with the Biden Administration's approach to cryptocurrency regulation. Cameron Winklevoss emphasized their support for Trump by stating, "I also just donated $1 million in bitcoin (15.47 BTC) to @realDonaldTrump and will be voting for him in November. Here’s the TL;DR — President Trump is: Pro-Bitcoin, Pro-Crypto, Pro-Business," according to Bitcoin Magazine.

Tyler Winklevoss leveled pointed criticism at the Biden Administration, accusing it of using government agencies to unfairly target and stifle the industry. "The Biden Administration has consistently attacked American business across the board and villainized its greatest heroes."

The Winklevoss twins argue that a "pro-Bitcoin, pro-crypto, and pro-business" political stance, which they attribute to Trump, is critical for the future of the sector in the United States. Tyler asserted the necessity for a political shift to avert further damage to the industry and to foster an environment that is conducive to innovation and economic growth.

Bitcoin Magazine Article