Currencies37845
Market Cap$ 2.39T-5.65%
24h Spot Volume$ 57.89B+3.84%
DominanceBTC55.31%-1.10%ETH9.24%-2.87%
ETH Gas0.36 Gwei
Cryptorank
/

Robert F. Kennedy Jr. Records Show He Owns $250,000 in Bitcoin


Robert F. Kennedy Jr. Records Show He Owns $250,000 in Bitcoin

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Despite his previous investment claims, presidential candidate Robert F. Kennedy Jr. has financial records that show substantial Bitcoin holdings. Conversely, at a Bitcoin conference in May, Kennedy stated, “I am not an investor, and I am not here to give investment advice.” 

Kennedy has been outspoken in his support for Bitcoin, going as far as accepting the digital asset for campaign donations. However, contrary to his own statements, CNBC uncovered financial records that show he owns between $100,001 and $250,000 in Bitcoin holdings. 

Also Read: Robert Kennedy Jr. Calls Bitcoin an Excercise in Democracy

Kennedy Jr. Records Show Substantial Bitcoin Holdings

With the presidential election of 2024 being a key moment for US politics, the digital asset industry has been front and center. Consequently, the political sector has embraced the industry as a key talking point. Its place in the financial sector is a notable point of discourse for potential candidates.

Moreover, that has led many to focus on the connections between candidates and the industry. Thus, new reports have shown that presidential candidate Robert F. Kennedy Jr. has financial records indicating he owns $250,000 in Bitcoin. 

Bitcoin is an Exercise in Democracy, Says US Presidential Candidate Robert F. Kennedy Jr.
Source: People

The news arrives following contrary statements made by Kennedy in May. Specifically, at a Bitcoin conference in Miami, he proclaimed that he was not an investor to attendees. Conversely, a brokerage account held by the presidential candidate notes the rather large Bitcoin holdings.

Also Read: Robert F. Kennedy Jr. Calls FedNow CBDC “Financial Slavery”

Bitcoin has been a prominent facet of Kennedy’s presidential campaign thus far. He has been outspoken in his defense of the digital currency. Alternatively, he has also been outspoken in his concern with government-issued digital assets. However, this recent revelation could point to a conflict of interest for the candidate.

The financial records do not display when Bitcoin was acquired by Kennedy. Therefore, the purchase could have been enacted after the statement was made by Kennedy at the conference. Moreover, the filing also does not classify who in Kennedy’s family made the investment. Or if he has subsequently sold the acquired Bitcoin holdings within the records. 

Read the article at Watcher.Guru

In This News

Coins

$ 66.22K

-6.52%

$ 0.000207

$ 0.0924

-2.88%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 66.22K

-6.52%

$ 0.000207

$ 0.0924

-2.88%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Bitcoin Sees Slow Bleed as Distribution-Driven Selling Pressure Intensifies: Bitfinex

Bitcoin Sees Slow Bleed as Distribution-Driven Selling Pressure Intensifies: Bitfinex

May’s performance suggested that internal market dynamics were the major driver of we...
Dormant 15-Year Bitcoin Wallet Moves 35.55 BTC After New York Lawsuit

Dormant 15-Year Bitcoin Wallet Moves 35.55 BTC After New York Lawsuit

A 15-year dormant Bitcoin wallet moved 35.55 BTC after being named in a New York laws...