Elon Musk, Coinbase, Gemini, and more: Crypto players are putting cash into the 2024

The Winklevoss twins, founders of the cryptocurrency company Gemini, each donated 15.47 Bitcoin, or $1 million, in June to support Trump’s election. However, that amount exceeded the maximum of $844,600 that a joint committee of Trump’s campaign and other GOP groups can legally accept per person, so the excess above that limit was refunded.

Tyler Winklevoss posted on X that the Biden administration has “openly declared war on crypto,” while Cameron Winklevoss wrote that Trump is “pro-Bitcoin, pro-crypto, and pro-business.”

Earlier this year, Gemini entered a $2 billion settlement, the largest against a cryptocurrency company in New York’s history, to repay investors.