Tyler and Cameron Winklevoss have each donated $500,000 in Bitcoin to the campaign of John Deaton, a Republican candidate for senator in Massachusetts, in opposition to Elizabeth Warren. Elizabeth Warren is considered by Tyler Winklevoss as the main opponent of cryptocurrencies, being accused of waging the ‘war against cryptocurrencies’ led by the Biden administration. Ripple Labs also donated $1 million to a super PAC to support Deaton, highlighting the importance of cryptocurrencies in the current elections.
Tyler and Cameron Winklevoss Support Republican Senate Campaign Against Elizabeth Warren
Investment entrepreneurs Tyler and Cameron Winklevoss, known for their involvement in the cryptocurrency world, have announced a total donation of $1 million in Bitcoin to the campaign of John Deaton, a Republican candidate for the United States Senate in Massachusetts.
Each of the brothers contributed $500,000 in Bitcoin to Deaton’s campaign.
Opposition to Elizabeth Warren
John Deaton aims to unseat Senator Elizabeth Warren, whom Tyler Winklevoss has called ‘public enemy number one’ for cryptocurrencies in a post on X (formerly Twitter). Tyler has accused Warren of being the main architect of the ‘war against cryptocurrencies’ led by the Biden administration. Cameron Winklevoss has also expressed his support for Deaton, describing him as ‘pro-bitcoin’ and ‘pro-crypto’.
Ripple Labs Support and the Winklevoss Brothers’ Political Engagement
Earlier this week, Ripple Labs also contributed to Deaton’s campaign by donating $1 million to a new political action committee (super PAC) created to help Deaton defeat Warren in the upcoming elections. Deaton’s campaign accepts cryptocurrency donations on its official website.
Last month, the Winklevoss brothers also expressed their support for former President Donald Trump by making a total donation of $2 million. The Gemini co-founders also individually contributed $250,000 to a pro-Trump super PAC.
In recent months, Donald Trump has managed to position himself as the pro-crypto presidential candidate despite his past criticisms of digital assets. The financial and political support of the Winklevoss brothers and Ripple Labs to cryptocurrency-friendly candidates demonstrates the growing importance of this sector in American politics.
