Gemini co-founders and cryptocurrency advocates Tyler and Cameron Winklevoss announced Thursday that they have each donated $500,000 worth of Bitcoin to help oust Sen. Elizabeth Warren from the U.S. Senate in November.
The Winklevoss twins have been vocal in their opposition to Warren, declaring the Massachusetts senator “one of the greatest threats to American prosperity.”
“When it comes to cryptocurrency, she’s public enemy number one,” Tyler Winklevoss said. I have written “She is the chief architect and instigator of the Biden Administration’s war on cryptocurrency,” he posted on X (formerly Twitter) on Thursday.
We attempted to contact Senator Warren’s office, but Decryption No response yet.
In an effort to defeat Warren, the pair donated the equivalent of $1 million in Bitcoin (8 BTC each) to the campaign of pro-cryptocurrency Republican candidate John Deaton.
Deaton, a former U.S. Marine and lawyer, has been involved in high-profile cases involving the Securities and Exchange Commission (SEC) and the cryptocurrency industry.
“John Deaton is pro-Bitcoin, pro-crypto, and pro-business and will put an end to Elizabeth Warren’s war on crypto,” Cameron Winklevoss said in another post on X.
Last month, the Winklevoss twins donated $2 million in Bitcoin to Donald Trump’s presidential campaign.
Deaton previously criticized the SEC’s lawsuit against cryptocurrency company Ripple, which is currently battling the SEC over the amount of penalties the company should pay for selling unregistered securities in the form of its XRP token.
Earlier this week, Ripple donated $1 million to a political action committee also aiming to beat Warren at the polls.
“At her direction, the SEC has conducted round-the-clock investigations and brought numerous malicious enforcement actions against good actors in the cryptocurrency industry,” Tyler Winkebos wrote on Thursday. “Unfortunately, Elizabeth Warren’s reign of terror is not limited to the cryptocurrency industry.”
He accused Warren of having a “cartoon-the-world view” that prioritizes regulation over free markets and demonizes businesses and entrepreneurs.
“American founders and the companies they start are some of the most dynamic and innovative in the world,” says Tyler Winklevoss. “They are the driving force behind the American economy, which is not only the largest economy in the world, but also the most creative.”
Even before Deaton announced her candidacy, Warren said she was “not afraid” of a potential challenge, writing in a fundraising email that “the crypto lobby has its sights set on me.”
Before Deaton confronts Warren, Huge campaign funds On the November ballot, Deaton will have to overcome a primary challenge from fellow Republican Senate candidate Ian Cain, who called Deaton a “celebrity appointee who moved to our state for shameless, selfish reasons.”
“Deaton and Elizabeth Warren are the epitome of bad politics. They only think about themselves more than the communities they serve,” Cain said. Said In May.
Both Deaton and Cain’s campaigns are accepting donations in cryptocurrency.
Editor: Sebastian Sinclair
