• Robert F. Kennedy Jr., the Democratic presidential candidate, has confirmed his significant cryptocurrency holdings.
• His campaign accepted Bitcoin donations and his family possesses a Bitcoin holding valued between $100,001 and $250,000 in a brokerage account as of June 30.
• Ownership confusion surrounding Kennedy’s Bitcoin was initially attributed to his wife but later clarified and does not constitute a conflict of interest.
Robert F. Kennedy Jr.’s Cryptocurrency Holdings
Robert F. Kennedy Jr., the Democratic presidential candidate, has confirmed his significant cryptocurrency holdings. His campaign accepted Bitcoin donations and his family possesses a Bitcoin holding valued between $100,001 and $250,000 in a brokerage account as of June 30.
Bitcoin 2023 Speech
During his keynote address at Bitcoin 2023 in Miami in May, Kennedy expressed admiration for Bitcoin and emphasized the need to support and safeguard its network. He further announced that his campaign would accept Bitcoin donations. However, he also clarified to conference attendees that he was not personally invested in Bitcoin and that his endorsement of the asset should not be construed as investment advice.
Confusion Surrounding Ownership
Ownership confusion surrounding Kennedy’s Bitcoin was initially attributed to his wife but later clarified and does not constitute a conflict of interest according to reports from Kennedy’s campaign manager Dennis Kucinich. The financial disclosure obtained by CNBC reveals that Kennedy’s family possesses a Bitcoin holding valued between $100,001 and $250,000 in a brokerage account as of June 30. The disclosure does not specify the exact date of the investment but states that the family’s income from this purchase is less than $201.
Kennedy’s Commitment to Crypto Rights
After the report was published, Kennedy’s campaign released a statement on Twitter where they wrote: “As president, I will make sure that your right to use and hold bitcoin is inviolable.“ This statement emphasizes Robert F. Kennedy Jr.’s commitment towards protecting crypto rights if elected president next year..
Conclusion
Despite initial confusion surrounding ownership of Robert F. Kennedy Jr.’s bitcoin, it has been confirmed through financial disclosures that he owns cryptocurrency holdings with an estimated value between $100k – 250k USD held through their family’s brokerage account since June 30th this year.. With this confirmation comes an assurance from him regarding protecting crypto rights should he be elected as President next year based on statements made on social media platforms such as Twitter regarding inviolable crypto rights for all citizens under his potential presidency