Recent investment disclosures starring Democratic Presidential candidate Robert F. Kennedy Jr. have revealed that the attorney and nephew to the 35th President of the United States own upwards of $250,000 in Bitcoin (BTC). This figure directly contests his previous statements made during the Bitcoin2023 conference last May, when he publicly declared that he did not own, nor give advice on digital asset investments.
The disclosure papers, acquired by CNBC, state that a value of $100,001 to $250,000 worth of the eminent cryptocurrency was owned by Mr. Kennedy at the close of June this year but make no precisions as to when or how claims were acquired; with Kennedy’s campaign formally validating its ownership. The statement goes onto explain that since purchase, the asset has seen returns lesser than $201.
His campaign to challenge President Joe Biden has seen collective effort from the wider crypto-community as a whole, supporting Kennedy Jr.’s yearning to stabilise legislative horizons over digital assets in the United States. Last May, he took to Twitter in jubilation as the recognition drew nearer – referring to cryptocurrencies, led by Bitcoin, as “a major innovation engine” and advocate for the US policy makers to “not hobble the industry” in coming reforms.
None other than Twitter’s founder, and Block-Inc CEO, Jack Dorsey praised the presidential candidates efforts to show the Biden administration the light in his fight. Claiming, as replied to the Democratic candidate’s Tweet, “He can and will.”
Kennedy Jr’s allegiances have surfaced at a particularly shrewd moment for the industry in question. In the absence of a strongly governed structure with concern to digital asset and cryptocurrency in the US, the Security and Exchange Commission highly push use of its laws creating overtly intensified environments – including owing actions to paper trading proxies.
