US Presidential Candidate Robert Francis Kennedy Jr Has Invested $250K in BTC

Robert Francis Kennedy Jr., the 35th US president’s nephew and a current election race contestant, reportedly owning a range of BTC from $100,001 to $250,000, had its financial report revealed by CNBC in late June.

Representatives of Kennedy affirmed that the funds belonged to him. This was established after his crypto donations declaration in May, where he described digital assets as “a symbol of democracy and freedom” and refuted his cryptocurrency investments.

Kennedy also slammed US regulators for initiating a “war on cryptocurrencies” that led to a banking crisis in the country, and promised to institute policies supporting bitcoin, including allowing users to control wallets and passwords, should he be elected president.

Block CEO, Jack Dorsey, has expressed backing for Kennedy. In the meantime, Coinbase CEO Brian Armstrong viewed the upcoming US elections as a major turning point for crypto regulation.