After Miami Summit, Over $250K Has Been Invested By Robert F. Kennedy Jr. In Bitcoin

Robert F. Kennedy Jr.

Robert F. Kennedy Jr., a contender for the US presidency, owns above $250K in Bitcoin tickers down $30,794, contrary to his earlier assertion that he wasn’t a Bitcoin investor. Kennedy Jr. possessed between around $100K and $250K Bitcoin tickets around 31st June, according to a record acquired by CNBC. After Robert F. Kennedy Jr. said that the campaign would perhaps be the very first to include donations in Bitcoin in the US during a speech at the Bitcoin 2023 conference in May, the investment was made.

The candidate further denied buying Bitcoin during the convention.p “I’m not a trader,” he said, adding that he wasn’t there to offer advice on investments. Since the investment was made, the cryptocurrency had given back below $201, as per the disclosure of finances document submitted on 30th June. Although the candidate’s team admitted that it was Robert F. Kennedy Jr. who bought the asset, the filing makes no mention of the buyer.

Robert F. Kennedy Jr. Decides To Focus On Cryptocurrency In His Campaign

Robert F. Kennedy Jr., who is running against President Biden, has focused his campaign on the cryptocurrency industry. He said via Twitter on 3rd May that cryptocurrencies were of huge value and that they were major engines of innovation and that it had been wrong for the US government to handle this industry and peddle innovation somewhere else. One of his wealthiest backers is Jack Dorsey, CEO of the Block and inventor of Twitter, who just endorsed the campaign. When asked about the candidate’s plan to beat his rivals in the forthcoming election, Dorsey responded on Twitter with the words “He can and will.”

Robert F. Kennedy Jr. is John F. Kennedy’s nephew, the thirty-fifth President of the United States, and the son of former Attorney General and Senator R. Kennedy. His backing for the crypto sector in America, comes at this critical moment, as the SEC is breaking down on cryptocurrency firms due to the lack of a suitable regulatory structure for virtual assets in their country.