RFK Jr. Says He Owns 21 Bitcoins, Talks Deep Commitment To Crypto
Robert F. Kennedy Jr. (RFK Jr.) says he bought 21 bitcoins for his children after winning a $13 billion case against biotech giant Monsanto, the crypto-friendly U.S. presidential candidate told a crowd at Consensus 2024 in Austin, TX this week.
RFK Jr. Bought 21 Bitcoins For His Children Following Legal Victory In 2018
An established attorney and longstanding crypto advocate, RFK Jr. spearheaded the 2018 legal case against Monsanto and ultimately proved that their well-known weed killing product, Roundup, causes cancer in 2018.
“I used my fees in that case to buy bitcoin for my kids,” RFK Jr. said while at Consensus 2o24. “So I got three bitcoins for each of my seven kids.”
Keeping the focus on his potential presidential policies, RFK Jr. claimed he had a “deep commitment” to backing cryptocurrencies, lauding El Salvador for becoming the first country in the world to valorize bitcoin as legal tender.
“I admire what El Salvador did,” he said. “I think we’re going to do it a little differently. We need to create a regulatory infrastructure that is designed for decentralized cryptocurrencies and bitcoin.”
Calling the recently House-approved Financial Innovation and Technology for the 21st Century Act (FIT21) “a really good start” to crypto regulations, the third-party candidate cited both Singapore and Switzerland’s regulatory models as potential frameworks for digital asset policy in the United States.
RFK Jr. Stays Hush Over Trump’s Hush Money Trial
While fielding questions from attendees, the indpendent candidate refused to comment on Republican frontrunner Donald Trump receiving a guilty verdict in his highly-covered hush money trial on Thursday.
“I’ve been disciplined about not commenting on the court cases and talking about issues that I think are of deep concern to Americans,” he said.
Currently, Trump and President Joe Biden are nearly tied in the race to the White House, with each receiving about 40% of votes.
Meanwhile, RFK Jr. remains trailing behind at 8%, a small but not insignificant percentage for a third-party candidate.
Editorial note: This story is currently being added to. For the full story check back soon as we add more information and/or perspectives from those involved.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple announces tokenized money market fund launching on XRP Ledger
Ripple said a tokenized money market fund has launched on the XRP Ledger.The launch was made possible through a partnership with Archax, an FCA-regulated digital asset exchange.
The Daily: MicroStrategy buys record $5.4 billion in bitcoin, Sky Mavis cuts 21% of its workforce and more
Business intelligence firm and corporate bitcoin holder MicroStrategy purchased another 55,500 BTC for $5.4 billion between Nov. 18 and Nov. 24, according to an 8-K filing with the SEC on Monday.Axie Infinity crypto game developer Sky Mavis is laying off 21% of its workforce, affecting about 50 of its 250 global team, amid a “shift in priorities,” according to CEO and co-founder Trung Nguyen.Solana’s decentralized exchanges surpassed $100 billion in monthly trading volume for the first time, generating a r
Justin Sun's Tron buys $30 million of Trump-backed World Liberty Financial tokens
Tron founder Justin Sun said his firm has bought $30 million worth of World Liberty Financial tokens, the crypto project supported by newly-elected U.S. President Donald Trump.Sun said the purchase made Tron the largest investor in World Liberty Financial.
Elon Musk, the world’s richest man, hits record $348B net worth