Cryptocurrency exchange Gemini, founded by brothers Cameron and Tyler Winklevoss, made a $10 million Bitcoin donation to the MAGA Inc. super PAC supporting Donald Trump. The donation, made in two transfers exceeding $5 million each on June 19, came approximately three weeks after the CFTC and Gemini jointly filed a motion to reverse a $5 million settlement reached in January 2025. CFTC Chair Michael Selig accused the agency under the Biden administration of having « politically targeted » the Winklevoss twins. Senator Elizabeth Warren described the joint motion as a « concerning sign of a CFTC beholden to political pressures. »
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