Robert F. Kennedy Jr. invested up to $250,000 in Bitcoin after Miami's conference

1 year ago

The caller concern disclosure contrasts with his claims successful May that helium was not an capitalist successful Bitcoin.

Robert F. Kennedy Jr. invested up   to $250,000 successful  Bitcoin aft  Miami's league

Democratic statesmanlike campaigner Robert F. Kennedy Jr. owns up to $250,000 successful Bitcoin (BTC), successful opposition to his erstwhile assertion that helium was not an capitalist successful the starring cryptocurrency.

A grounds obtained by CNBC shows Kennedy Jr. owned betwixt $100,001 and $250,000 worthy of Bitcoin astatine the extremity of June. The concern was made aft his code astatine the Bitcoin 2023 league successful May, erstwhile helium announced that his run would beryllium the archetypal to judge Bitcoin donations successful the United States.

During the conference, the campaigner besides denied investing successful Bitcoin. “I americium not an investor, and I americium not present to springiness concern advice,” helium stated.

The fiscal disclosure filed connected June 30 does not specify erstwhile the cryptocurrency was purchased, lone that it has returned little than $201 since the concern was made. The filing does not bespeak who made the acquisition successful the Kennedy family, though the candidate's run acknowledged it was Kennedy Jr.

Screenshot of Robert F. Kennedy Jr.'s fiscal disclosure filed connected June 30. Source: CNBC

Challenging President Joe Biden, Kennedy Jr. has targeted the crypto assemblage successful his campaign. In a Twitter station connected May 3, he stated that “cryptocurrencies, led by bitcoin, on with different crypto technologies are a large innovation engine," adding that it was a mistake for the U.S. authorities "to hobble the manufacture and thrust innovation elsewhere."

Among his affluent backers is Twitter laminitis and the Block Inc. CEO Jack Dorsey, who has precocious thrown his value down the candidate. “He tin and will,” wrote Dorsey connected Twitter astir the candidate's strategy to decision his opponents successful the upcoming race.

Kennedy Jr. is the lad of erstwhile Attorney General and Senator Robert F. Kennedy, arsenic good arsenic the nephew of the 35th President of the U.S. John F. Kennedy. His enactment comes astatine a important clip for the American crypto industry, arsenic the Securities and Exchange Commission (SEC) is cracking down connected crypto businesses successful the lack of a due regulatory model for integer assets successful the U.S.

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