The Winklevoss twins, founders of the cryptocurrency company Gemini, each donated 15.47 Bitcoin, or $1 million, in June to support Trump’s election. However, that amount exceeded the maximum of $844,600 that a joint committee of Trump’s campaign and other GOP groups can legally accept per person, so the excess above that limit was refunded.
Tyler Winklevoss posted on X that the Biden administration has “openly declared war on crypto,” while Cameron Winklevoss wrote that Trump is “pro-Bitcoin, pro-crypto, and pro-business.”
Earlier this year, Gemini entered a $2 billion settlement, the largest against a cryptocurrency company in New York’s history, to repay investors.