Winklevoss Twins Donate $1M Bitcoin to Support Deaton Against Warren; Coinbase PAC Claims 1.2M Supporters but Raises Only $13,690

Cameron and Tyler Winklevoss, co-founders of Gemini, have contributed $1 million in Bitcoin to support John Deaton's efforts against Senator Elizabeth Warren's anti-crypto stance. Deaton has been a prominent advocate for the cryptocurrency industry. Meanwhile, Coinbase has faced scrutiny regarding its Stand With Crypto PAC, which claims to represent over 1.2 million crypto supporters. However, recent Federal Election Commission filings reveal that the PAC has raised only $13,690 from seven contributors since its inception, despite boasting about raising $180 million. Additionally, Coinbase has invested $25 million into the pro-crypto super PAC Fairshake, raising further questions about its grassroots support claims.