The post Winklevoss twins refunded for exceeding Bitcoin donation limit to Trump appeared on BitcoinEthereumNews.com.

It is uncertain whether the Trump 47 Committee returned the amount in Bitcoin or converted it to its equivalent value in cash. The billionaire Winklevoss twins Cameron and Tyler, founders of the Gemini crypto exchange, have had their donations to former United States President Donald Trump’s election campaign returned after their Bitcoin donations exceeded the maximum amount allowed under federal law. According to a Bloomberg report, the amount exceeding the maximum donation was refunded, citing a campaign official who spoke on condition of anonymity. On Thursday, June 20, the twins each announced donations totaling $2 million in Bitcoin (BTC) in posts on X, which would exceed the maximum $844,600 that the Trump campaign can legally accept per individual donation. Read more Source: https://cointelegraph.com/news/winklevoss-twins-bitcoin-donations-trump-refund

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Filed under: News - @ June 23, 2024 7:14 pm