Odaily Planet Daily reports: According to U.S. Federal Election Commission filings, the Winklevoss brothers donated approximately $10.018 million in Bitcoin to MAGA Inc., a super PAC affiliated with Trump, on June 19. This donation occurred 23 days after the CFTC announced its support for Gemini’s application to exempt certain terms of the 2025 judgment. The filings indicate that the committee sold the donated Bitcoin through Gemini. The CFTC previously stated that, under current enforcement standards, complaints against Gemini would not be pursued, noting that Gemini itself was a victim of fraud and changes in federal digital asset policy. Both parties have applied to the court to lift the permanent injunction, but the $5 million fine already paid by Gemini will not be refunded.
The Winklevoss Brothers Donate $10.018M in Bitcoin to Trump-Linked Super PAC MAGA Inc.
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Summary
The Winklevoss brothers donated $10.018 million in Bitcoin to the Trump-linked super PAC MAGA Inc. on June 19. The donation came after the CFTC moved to join Gemini in seeking relief from a 2025 court ruling. The CFTC identified Gemini as a victim of fraud and policy changes, and no new complaints are anticipated. The PAC sold the Bitcoin through Gemini. The CFT framework has been a focal point as approval for a Bitcoin ETF approaches. Both parties aim to lift the injunction, though Gemini’s $5 million penalty is non-refundable.
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