Winklevoss twins get Bitcoin donation refund from Trump campaign: Bloomberg

Date:

Share this article

Cameron and Tyler Winklevoss, the American entrepreneurs behind Winklevoss Capital Management and crypto exchange Gemini, got back part of their Bitcoin donations from Donald Trump’s presidential campaign after the funds surpassed federal limits, according to a recent report from Bloomberg.

The twins said in recent posts that they donated $1 million worth of Bitcoin each to Trump’s campaign. However, under federal law, the campaign could only receive $844,600 from each supporter, which means the Winklevoss twins’ donations exceeded the legal limit, and the excess $155,400 was returned, a campaign official told Bloomberg.

The donations were intended to be distributed among Trump’s campaign, his legal fund,…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...