Contrary to his previous claims, Democratic presidential candidate Robert F. Kennedy Jr. has disclosed that he owns up to $250,000 in Bitcoin. This revelation comes after Kennedy Jr. announced in May that his campaign would accept Bitcoin donations and denied being an investor in the cryptocurrency. The financial disclosure filed on June 30 does not specify when the Bitcoin was purchased, but it has returned less than $201 since the investment was made. Kennedy Jr., who is challenging President Joe Biden, has been targeting the crypto community in his campaign and has received support from Twitter founder Jack Dorsey. This disclosure comes at a critical time for the American crypto industry as the SEC is cracking down on crypto businesses without a proper regulatory framework.
Summary:
– Robert F. Kennedy Jr. owns up to $250,000 in Bitcoin, despite previously denying being an investor.
– The investment was made after Kennedy Jr.’s announcement that his campaign would accept Bitcoin donations.
– The financial disclosure does not specify when the Bitcoin was purchased, but it has returned less than $201.
– Kennedy Jr. has targeted the crypto community in his campaign and has received support from Twitter founder Jack Dorsey.
– The disclosure comes at a crucial time for the American crypto industry as the SEC is cracking down on crypto businesses without proper regulation.