Robert Kennedy Jr. owned the first cryptocurrency between $100,001 and $250 000 as of late June, according to. These funds came to him after the Bitcoin 2023 conference in May. During his speech at the conference, Kennedy Jr. announced that for his political campaign he would accept donations in BTC. During the conference, the presidential candidate denied personal investments in cryptocurrency. As Kennedy Jr. said, he’s not an investor, and he’s not speaking out to give out investment advice.
The June 30 financial disclosure does not specify when the cryptocurrency was purchased. The application also did not identify the Kennedy family member who made the purchase, but the candidate’s campaign office later confirmed that the funds belonged to Robert Kennedy, Jr.
Investments in bitcoin do not pose a conflict of interest because Kennedy Jr. has made no secret of his support for bitcoin. Earlier, he said bitcoin could save people from financial collapse, promising to protect the rights of the coin’s owners and miners if elected president.
According to Kennedy Jr., the U.S. government and regulators are making a big mistake by hindering the development of the crypto industry. The candidate promises that once in power, he will keep cryptocurrency opponents out of the SEC.