Markets
Referral & Affiliate
Rewards
Products
Support Center
News
Research
Download
English
Robert F. Kennedy Jr. Invested Up to $250,000 In Bitcoin
2023-07-10 16:33:05
His comments in May that he was not an investor in Bitcoin disagree with the most current investment declaration.
Source: news.bitcoin.com
Contrary to his earlier assertion that he was not an investor in the most popular cryptocurrency, Robert F. Kennedy Jr. has up to $250,000 in Bitcoin. Kennedy Jr. possessed between $100,001 and $250,000 worth of Bitcoin at the end of June according to a record acquired by CNBC. The investment was made following his May address at the Bitcoin 2023 conference, during which he said that his campaign would be the first in the country to accept Bitcoin donations. The contender also denied buying Bitcoin during the convention. Although the payment was made, the cryptocurrency has made a profit less than $201, according to the financial disclosure document submitted on June 30. Although the candidate's team confirmed it was Kennedy, the document does not state who executed the investment in the Kennedy family.
Kennedy Jr., who is running against President Joe Biden, has focused his campaign on the cryptocurrency industry. On May 3, he claimed on Twitter that cryptocurrencies, particularly Bitcoin, together with other crypto tech are an important creative engine. One of his wealthiest backers is Jack Dorsey, CEO of the Block Inc. and pioneer of Twitter, who just endorsed the candidacy. When asked about the candidate's plan to beat his rivals in the forthcoming election, Dorsey responded on Twitter with the words, He can and will.
Screenshot of the financial declaration form submitted on June 30 by Robert F. Kennedy Jr. Citation: CNBC
Kennedy Jr. is the nephew of John F. Kennedy, the 35th President of the United States, as well as the son of former Attorney General and Senator Robert F. Kennedy. His backing comes at a critical juncture for the American cryptocurrency sector, as the Securities and Exchange Commission (SEC) cracks down on firms involved in cryptocurrencies due to the lack of an adequate regulatory framework for digital assets in the country.
Robert F. Kennedy Jr. Will Accept Bitcoin Contributions For His Campaign
Robert F. Kennedy Jr. declared at his debut appearance as a contender for president at the Bitcoin 2023 conference that he will be the first sitting president in American history to accept donations in Bitcoin. During the occasion, Obama lauded Bitcoin as a symbol of democracy and freedom. The contender, who is running against President Joe Biden, has been tweeting about his libertarian opinions on cryptocurrency. Robert F. Kennedy Jr. said in a blog post on May 3 that crypto technologies are an important innovation engine, noting that the U.S. is hindering the sector and pushing innovation elsewhere.Disclaimer: FameEX makes no representations on the accuracy or suitability of any official statements made by the exchange regarding the data in this area or any related financial advice.
