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Home»ADOPTION NEWS»Presidential Candidate Robert F. Kennedy Jr. Drops Out, Endorses Crypto-Friendly Candidate Donald Trump
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Presidential Candidate Robert F. Kennedy Jr. Drops Out, Endorses Crypto-Friendly Candidate Donald Trump

By Crypto FlexsAugust 23, 20243 Mins Read
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Presidential Candidate Robert F. Kennedy Jr. Drops Out, Endorses Crypto-Friendly Candidate Donald Trump
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Presidential candidate Robert F. Kennedy Jr. is suspending his campaign and throwing his support behind cryptocurrency-friendly politician Donald Trump.

“I cannot in good conscience ask my staff and volunteers to work long hours or ask my donors to continue to give when I cannot honestly tell them that I have a real path to the White House,” the independent candidate said. friday.

Kennedy has been friendly to the cryptocurrency industry over the past year, most recently I promised Issues several Bitcoin-related executive orders, including one directing the U.S. Department of Justice. And the U.S. Marshals Service has transferred approximately 200,000 bitcoins held by the U.S. government to the Treasury for safekeeping as a “strategic asset.”

Kennedy said he would remove his name from key battleground states, but said most states clearly targeted by Republicans or Democrats would still allow voters to vote for him.

“I want to let everyone know that I am not ending my campaign,” Kennedy added. “I am simply stopping, I am not ending.”

Trump support

Kennedy also announced Friday that he would endorse Republican nominee and former President Trump. Both candidates fat At the Bitcoin 2024 conference in Nashville in July, Trump has previously entered the cryptocurrency industry by choosing a cryptocurrency-friendly company. JD Vance As his running mate promised to defend For Bitcoin miners.

Trump also recently Named Cantor Fitzgerald CEO Howard Rutnick will lead the transition team when he returns to the White House. Cantor Fitzgerald has served as Tether’s administrator since late 2021, Tether CEO Paolo Ardoino previously said. block.

Trump on Thursday announce He said he supports a cryptocurrency project called “The DeFiant Ones” led by his two sons. A Telegram channel called “The DeFiant Ones” said in a message on Friday that there will be a new DeFi platform “to eliminate corrupt, expensive and inefficient intermediaries.”

““They (banks and financial institutions) block people, deny them loans, drown them in paperwork, and kill them with legal and processing fees,” the message reads. “Our entire family has experienced this firsthand… We’ve been kicked out of our banks, kicked out of our platforms, and every political game you can imagine has been played against us. These banks and the elites who run them want absolute control, but that’s over now.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, influential and timely information on the cryptocurrency industry. Below are the current financial disclosures.

© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

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