{"id":549151,"date":"2026-07-21T20:30:26","date_gmt":"2026-07-21T19:30:26","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=549151"},"modified":"2026-07-21T14:55:24","modified_gmt":"2026-07-21T13:55:24","slug":"winklevoss-twins-gave-trumps-super-pac-10-million-23-days-after-cftc-joined-gemini-relief-bid","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/winklevoss-twins-gave-trumps-super-pac-10-million-23-days-after-cftc-joined-gemini-relief-bid\/","title":{"rendered":"Winklevoss twins gave Trump\u2019s super PAC $10 million 23 days after CFTC joined Gemini relief bid"},"content":{"rendered":"

Newly filed federal election records show Cameron and Tyler Winklevoss gave $10.018 million in Bitcoin to MAGA Inc., the super PAC aligned with President Donald Trump, on June 19, 2026.<\/p>\n

The gifts came 23 days after the Commodity Futures Trading Commission announced<\/a> that it had joined the brothers\u2019 crypto exchange, Gemini, in seeking relief from a 2025 judgment.<\/p>\n

The FEC filing<\/a> shows that the committee sold the donated Bitcoin through Gemini. The donation came 23 days after the CFTC joined Gemini\u2019s effort to undo parts of its 2025 judgment, although the filing offers no evidence linking the two events.<\/p>\n

The dates establish a sequence, but the records provide no clear evidence that the donations caused or influenced the CFTC\u2019s action, that the agency coordinated with the donors, or that a quid pro quo occurred.<\/p>\n

Cameron\u2019s records total $5,006,604.47 and Tyler\u2019s total $5,011,860.44. Four June 19 rows naming Gemini add up to exactly the same $10,018,464.91 and say the Bitcoin was sold through the exchange to unknown purchasers.<\/p>\n

FEC rules<\/a> require a political committee selling donated Bitcoin to name the exchange. The buyer can remain anonymous and does not count as a contributor.<\/p>\n

\"Infographic<\/a><\/p>\n

Why the CFTC changed course<\/h2>\n

The CFTC said its review concluded that the complaint against Gemini would not have been filed under current enforcement standards.<\/p>\n

The agency cited credibility problems with a whistleblower account and weaknesses in the evidence, including supporting material requested by a commissioner but not supplied before the case was authorized. It also said privilege and relevance objections impeded Gemini\u2019s defense and that regulatory authority had been used improperly as settlement leverage.<\/p>\n

The CFTC also pointed to Gemini\u2019s status as a fraud victim and a change in federal digital-asset policy.<\/p>\n

In an amended joint motion<\/a>, the parties asked the court to vacate the consent order or, alternatively, lift its remaining prospective provisions, including a permanent injunction. The $5 million penalty imposed in 2025 had been paid, remained satisfied, and would not be returned to Gemini.<\/p>\n\n

\n \n
\n Related Reading<\/span>\n

Gemini settles CFTC Bitcoin futures case for $5 million<\/h3>\n <\/div>\n \n <\/i>\n <\/span>\n <\/a>\n<\/div>\n\n

The June gifts extend the brothers\u2019 earlier support for MAGA Inc. A July 2025 filing<\/a> attributed about $1.015 million in January bitcoin records to the twins. Their newly disclosed amount is nearly ten times larger.<\/p>\n\n

\n \n
\n Related Reading<\/span>\n

Winklevoss twins donate $21M to new crypto PAC targeting 2026 midterms<\/h3>\n <\/div>\n \n <\/i>\n <\/span>\n <\/a>\n<\/div>\n\n

That concentration is likely to hone scrutiny of CFTC independence as lawmakers debate<\/a> giving the agency a larger role in crypto market structure.<\/p>\n

It illustrates how a small number of industry executives now place large sums into political committees while their companies remain affected by enforcement policy. Twenty-three days is close enough to raise eyebrows, but timing alone is not evidence of influence.<\/p>\n\n

\n \n
\n Related Reading<\/span>\n

Trump puts Senate on a 24-day clock to find 60 votes for America\u2019s crypto CLARITY Act rulebook<\/h3>\n <\/div>\n \n <\/i>\n <\/span>\n <\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

Matching FEC rows name Gemini because it liquidated the same bitcoin, not because the exchange donated another $10 million.<\/p>\n","protected":false},"author":1264,"featured_media":549286,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80281,39,77968,29,77644],"tags":[81073,76769,75195],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"\nWinklevoss twins gave Trump\u2019s super PAC $10 million 23 days after CFTC joined Gemini relief bid<\/title>\n<meta name=\"description\" content=\"An FEC filing shows the Winklevoss twins gave Trump\u2019s super PAC $10 million in bitcoin 23 days after the CFTC joined Gemini\u2019s relief bid.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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