NEW: Winklevoss Twins Donate $1M in Bitcoin to Warren’s Crypto Rival

Tyler and Cameron Winklevoss, founders of the Gemini exchange, each donated $500,000 in Bitcoin to back pro-crypto lawyer John Deaton’s bid to unseat Senator Elizabeth Warren. The brothers praised Deaton as an “American hero” and the “only candidate who can defeat Elizabeth Warren” in Massachusetts’ Senate race. They criticized Warren’s anti-crypto stance, describing her as a politician more concerned with celebrity than results.

Deaton, a prominent pro-XRP lawyer, has been a vocal critic of Warren and US financial regulators’ approach to crypto. He has been involved in significant SEC cases against crypto firms like Ripple. Supported by the crypto community, Deaton’s PAC, the Commonwealth Unity Fund, recently received a $1 million donation from Ripple and has raised about $1.7 million in total.

The Winklevoss twins have also donated $2 million in Bitcoin to Donald Trump’s presidential campaign, opposing the Biden administration’s anti-crypto policies. They labeled Warren as “one of the single greatest threats to American prosperity,” criticizing her stringent regulatory policies that they argue harm businesses and free markets.

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