Robert F. Kennedy Jr. invested up to $250,000 in Bitcoin after Miami’s conference
Democratic governmental candidate Robert F. Kennedy Jr. owns up to $250,000 in Bitcoin (BTC), in contrast to his previous claim that he was not a financier in the leading cryptocurrency.A record gotten by CNBC reveals Kennedy Jr. owned in between $100,001 and $250,000 worth of Bitcoin at the end of June. The financial investment was made after his speech at the Bitcoin 2023 conference in May, when he revealed that his project would be the first to accept Bitcoin donations in the United States. Throughout the conference, the candidate also rejected investing in Bitcoin. “I am not an investor, and I am not here to provide financial investment suggestions,” he stated.The financial disclosure submitted on June 30 does not specify when the cryptocurrency was acquired, just that it has returned less than $201 since the financial investment was made. The filing does not suggest who made the purchase in the Kennedy household, although the candidates project acknowledged it was Kennedy Jr.Screenshot of Robert F. Kennedy Jr.s financial disclosure submitted on June 30. Source: CNBCChallenging President Joe Biden, Kennedy Jr. has actually targeted the crypto neighborhood in his campaign. In a Twitter post on May 3, he stated that “cryptocurrencies, led by bitcoin, together with other crypto technologies are a significant innovation engine,” adding that it was a mistake for the U.S. government “to hobble the industry and drive innovation elsewhere.” Among his rich backers is Twitter creator and the Block Inc. CEO Jack Dorsey, who has recently thrown his weight behind the candidate. “He can and will,” composed Dorsey on Twitter about the candidates technique to defeat his opponents in the upcoming race. Kennedy Jr. is the kid of former Attorney General and Senator Robert F. Kennedy, as well as the nephew of the 35th President of the U.S. John F. Kennedy. His support comes at a crucial time for the American crypto market, as the Securities and Exchange Commission (SEC) is breaking down on crypto services in the absence of an appropriate regulatory framework for digital properties in the U.S.Magazine: Bitcoin is on a collision course with Net Zero promises