Winklevoss Twins Donate $1M in BTC to Support John Deaton’s Campaign

Tyler and Cameron Winklevoss, have pledged a sizable payment to John Deaton’s U.S. Senate effort. The brothers have given $1 million in bitcoin overall to help Deaton challenge Massachusetts’s current Senator Elizabeth Warren.

Support Pro-Crypto Candidate Winklevoss Twin

Tyler Winklevoss backed Deaton and attacked Senator Warren in a post on social media platform X, calling her crypto’s “public enemy number one.” He charged Warren with being the major designer of the strict crypto rules of the Biden Administration. Tyler emphasized that each sibling is giving Deaton’s campaign $500,000.

In a separate article mirroring his brother’s opinions, Cameron Winklevoss called Deaton “pro-bitcoin” and “pro-crypto.” The twins’ significant contributions show their hope for a legislative environment change that will affect the bitcoin industry going forward.

John Deaton has Well-Known Sponsors

John Deaton’s campaign has attracted extra prominent backing. One major participant in the crypto market, Ripple Labs, recently gave $1 million to a new super political action committee (PAC) meant to increase Deaton’s prospects against Warren in the next election. Deaton’s official website also welcomes crypto donations.

Political involvement of the Winklevoss twins beyond Deaton’s campaign. They supported former President Donald Trump last month, lending $2 million to his campaign as the Republican nominee for president. They also gave a pro-Trump super PAC $250,000 apiece.

US Presidential Competition

High-profile bitcoin enthusiasts like the Winklevoss twins and Ripple Labs highlight the rising junction between politics and the digital asset sector as the fight for the Massachusetts Senate seat gets heated. Supported by these large gifts, Deaton’s campaign seeks to question Warren’s opinion on cryptocurrencies and promote a better legislative climate for the sector.

Conversely, the US presidential contest is also getting hot since billionaire Trump is challenging the Joe Biden government following the latter’s war on the cryptocurrency industry. Declaring that a vote for Trump would be a vote for crypto, he threatened to stop the US from building a central bank digital currency (CBDC).