Winklevoss: SEC ‘will cost Dems 2024 election’

The Winklevoss twins have taken to Twitter to discuss the SEC’s “war on crypto”, saying it “is going to alienate an entire generation of would-be Democrats”.

US presidential elections 2024. Pic: Unsplash

Gemini co-founders the Winklevoss twins took to Twitter over the weekend to give their opinions on the SEC’s “war on crypto”.

They say that the crypto community has the support of the Millennials and Gen-Z age brackets and as a result, it will be the Democrats who drop the ball in the 2024 election.

Yesterday, one half of the duo Tyler Winklevoss tweeted: “Roe cost Republicans the mid-terms. The @SenWarren and @GaryGensler war on crypto will cost Dems the 2024 election.”

Meanwhile, Cameron stated: “The @SenWarren and @GaryGensler war against crypto is going to alienate an entire generation of would-be Democrats.

“Winning the youth vote w/ “get out the vote” is key part of Dem playbook. Dems believe the youth vote will carry the day.”

He added: “Crypto has already won the hearts and minds of Millennials and GenZ. They don’t debate the merits of crypto. They debate where and what to build next. And millions have put their life-savings into crypto.

“They won’t forget the value destruction Warren and Gensler have caused.”

Gemini picks Ireland

The Winklevoss twins’ tweets come amid an exodus of crypto companies from the US market looking to relocate outside of the country, following the ever-increasing clampdown by the SEC.

Last month, their Gemini crypto exchange recently chose Dublin for its new European headquarters.

The price of Bitcoin has had a volatile week since the SEC news broke. At the time of writing, BTC is trading at $25,804.48, a rise of 0.13% in the past 24 hours.

About Author

Scarlett D

About Author

Scarlett D

Scarlett D

Scarlett is a passionate NFT and Web3 reporter for CoinNews, where she covers the latest trends and news in the ever-evolving world of non-fungible tokens. With a knack for uncovering hidden gems and an infectious enthusiasm for all things NFT, Scarlett has quickly become a go-to source for crypto collectors and Web3 aficionados alike. Before joining the CoinNews team, Scarlett earned her stripes as a freelance writer, covering topics ranging from blockchain technology to digital art and virtual reality. Her diverse background and keen eye for detail have equipped her with a unique perspective, allowing her to deliver fresh and engaging content that resonates with the rapidly growing NFT community.
ABOUT COINNEWS
100k+
Active Monthly Users Around the World
50+
Guides and Reviews Articles
3
Years on the Market
8+
In-house Authors
At Coinnews, we aim to make cryptocurrency, blockchain, and Web3 understandable, and information available to everyone, no matter what level you are in your investment journey. Founded in 2022, Coinnews has been dedicated to delivering reliable, multilingual coverage of the cryptocurrency industry.