Robert F. Kennedy Jr’s Bitcoin Investment
– Despite claiming that he had not invested in Bitcoin, financial records show that Robert F. Kennedy Jr. does indeed hold between $100,000 and $250,000 worth of the cryptocurrency.
– Kennedy had made this claim during a Bitcoin conference in Miami, where he also expressed openness to accepting campaign donations in Bitcoin.
– The revelation of his investment prompted the Kennedy camp to go into damage control, stating that the investment was made after the conference speech and filing deadline.
– Some argue that this situation could represent a conflict of interest, as Kennedy appeared to be promoting Bitcoin while his family had invested in it.
Details Of The Filing
– The filing does not specify when the Bitcoin holding was purchased or how much was spent on the original investment.
– It also does not reveal whether the holding has been sold.
– The Kennedy campaign initially claimed that the investment belonged to his wife, but later issued a statement acknowledging that it was indeed Kennedy’s.
Pro Crypto Stance
– Kennedy is part of a growing list of pro-crypto candidates, including Republican Senator Ted Cruz and Florida governor Ron DeSantis.
– Kennedy has expressed support for Bitcoin and its potential for transparency and democracy.
– Despite his pro-Bitcoin stance, Kennedy lags far behind President Joe Biden in the Democratic primary polls, with only 17% support.
Hot Take
– The revelation of Robert F. Kennedy Jr.’s Bitcoin investment raises questions about potential conflicts of interest.
– It also highlights the divide between pro-crypto candidates like Kennedy and the Biden administration, which has taken a more aggressive approach towards cryptocurrencies and related entities.
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