{"id":633885,"date":"2026-07-23T21:52:47","date_gmt":"2026-07-23T21:52:47","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/23\/gemini-sent-10m-in-bitcoin-to-trump-pac-after-joint-motion-with-cftc\/"},"modified":"2026-07-23T21:52:47","modified_gmt":"2026-07-23T21:52:47","slug":"gemini-sent-10m-in-bitcoin-to-trump-pac-after-joint-motion-with-cftc","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/23\/gemini-sent-10m-in-bitcoin-to-trump-pac-after-joint-motion-with-cftc\/","title":{"rendered":"Gemini sent $10M in Bitcoin to Trump PAC after joint motion with CFTC"},"content":{"rendered":"

\"Gemini<\/p>\n

The Bitcoin donation can be used to support Donald Trump as a New York court considers whether to reverse a $5 million settlement between the CFTC and Gemini. <\/p>\n

With a court set to consider a reversal of a $5 million settlement from the US Commodity Futures Trading Commission\u2019s (CFTC\u2019s) case with cryptocurrency exchange Gemini, the company has sent $10 million in Bitcoin (BTC) to a super political action committee (PAC) supporting President Donald Trump. <\/p>\n

According to the MAGA Inc. Super PAC\u2019s July report to the Federal Election Commission (FEC) filed on Monday, the Gemini Trust Company run by co-founders Cameron and Tyler Winklevoss sent<\/a> two separate contributions of more than $5 million in Bitcoin on June 19.\u00a0<\/p>\n

The donation, which the PAC may use for independent expenditures to support Trump, was recorded about three weeks after the CFTC filed a joint motion with Gemini <\/a>in federal court in an attempt to reverse a January 2025 settlement over the company allegedly making false or misleading statements. CFTC Chair Michael Selig claimed at the time<\/a> that the agency under former US President Joe Biden \u201cpolitically targeted\u201d the Winklevosses through enforcement actions.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

The Bitcoin donation can be used to support Donald Trump as a New York court considers whether to reverse a $5 million settlement between the CFTC and Gemini. With a court set to consider a reversal of a $5 million settlement from the US Commodity Futures Trading Commission\u2019s (CFTC\u2019s) case with cryptocurrency exchange Gemini, the […]<\/p>\n","protected":false},"author":1,"featured_media":633886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-633885","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/633885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=633885"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/633885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/633886"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=633885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=633885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=633885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}