{"id":542006,"date":"2023-07-10T16:00:32","date_gmt":"2023-07-10T16:00:32","guid":{"rendered":"https:\/\/wncen.com\/?p=542006"},"modified":"2024-06-11T08:16:43","modified_gmt":"2024-06-11T08:16:43","slug":"robert-f-kennedy-jr-bitcoin-investment","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/robert-f-kennedy-jr-bitcoin-investment\/","title":{"rendered":"US Presidential Candidate Robert F. Kennedy Jr Called Out For Lying About Bitcoin Investment"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Robert F. Kennedy Jr., a candidate for the Democratic presidential nomination, has come forward to clarify that he does, in fact, hold a sizeable quantity of Bitcoin, despite his earlier denial of having a Bitcoin investment during a conference in Miami which took place just barely two months ago.<\/span><\/p>\n<p><span style=\"font-weight: 400\">While speaking to a crowd at the Miami Bitcoin conference held in May, Robert F. Kennedy Jr was asked if he was an investor in Bitcoin. The Democratic presidential candidate responded in the negative, saying he wasn&#8217;t going to give investment advice about the cryptocurrency, but he did add that he would be taking donations in BTC for his campaign.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cI am not an investor and I am not here to give investment advice,\u201d he said at the conference.<\/span><\/p>\n<h2>Records Show Otherwise<\/h2>\n<p><span style=\"font-weight: 400\">Financial records have shown otherwise and revealed that RFK Jr probably lied about his Bitcoin investment. A financial <a href=\"https:\/\/fm.cnbc.com\/applications\/cnbc.com\/resources\/editorialfiles\/2023\/07\/07\/Candidate_Report_RFK_Jr.pdf\" rel=\"nofollow\">disclosure<\/a> form that Kennedy submitted on June 30 indicates a brokerage account that held between $100,001 and $250,000 worth of Bitcoin as of the date that the submission was made.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/altcoin\/xrp-fud-spikes-will-this-trigger-a-price-reversal\/?swcfpc=1\">XRP FUD Spikes, Will This Trigger A Price Reversal?<\/a><\/div>\n<p><span style=\"font-weight: 400\"> In the document, which does not specify when the transaction was made, it is stated that Kennedy&#8217;s family earned less than 201 dollars as a result of the purchase.<\/span><\/p>\n<p><span style=\"font-weight: 400\">When the news of the investment first broke out, Kennedy\u2019s campaign manager tried to clarify the details of the investment, saying that the BTC purchase was made during the time period between the speech in Miami and the June 30 filing deadline.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In a bit of a moment that looked like damage control, the investment was initially attributed to his wife. However, the campaign later said that they were mistaken and that the Bitcoin investment did indeed belong to Kennedy.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/4pEJiMwe\/\" alt=\"Bitcoin (BTC) price chart from TradingView.com\" width=\"2884\" height=\"1758\"><\/p>\n<pre style=\"text-align: center\">BTC price holding steady above $30,300 | Source: <a href=\"http:\/\/TradingView.com\" rel=\"nofollow\">BTCUSD on TradingView.com<\/a><\/pre>\n<h2>Support For Bitcoin<\/h2>\n<p><span style=\"font-weight: 400\">Bitcoin is the largest cryptocurrency in the world, with investor interest steadily increasing. So it is not clear why Robert F. Kennedy Jr. made comments that are inconsistent with his investment in BTC, nor is it clear whether the investment was made before or after his presence at the Miami conference.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">One reason is if Kennedy were to promote Bitcoin while on the campaign trail while his immediate family possessed the cryptocurrency, the situation may be considered a conflict of interest.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, his campaign office, on the other hand, has denied any conflict. \u201cThere is no conflict here,\u201d campaign manager Kucinich told CNBC.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Interestingly, the presidential candidate has been a vocal supporter of bitcoin and cryptocurrencies in the past, saying, &#8220;Cryptocurrencies like bitcoin give the public an escape route&#8221; from a financial crisis. And his campaign is one of the few accepting donations in BTC.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/arkhams-new-crypto-intel-trading-platform-a-game-changer-for-traders\/?swcfpc=1\">Arkham\u2019s New Crypto Intel Trading Platform: A Game Changer For Traders?<\/a><\/div>\n<p><span style=\"font-weight: 400\">While Kennedy&#8217;s <\/span><a href=\"https:\/\/twitter.com\/RobertKennedyJr\/status\/57479681?s=20\" rel=\"nofollow\"><span style=\"font-weight: 400\">Bitcoin<\/span><\/a><span style=\"font-weight: 400\">-related remarks have become less frequent since Miami, Kennedy once said in an interview with TheStreet Crypto &#8220;I don\u2019t want people on the SEC commission who are anti-crypto.&#8221; This is in contrast with the current administration, which has the SEC cracking down on crypto companies.<\/span><\/p>\n<div class=\"disclaimer-shortcode\">Featured image from Decrypt, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Robert F. Kennedy Jr., a candidate for the Democratic presidential nomination, has come forward to clarify that he does, in fact, hold a sizeable quantity of Bitcoin, despite his earlier denial of having a Bitcoin investment during a conference in Miami which took place just barely two months ago. While speaking to a crowd at the Miami Bitcoin conference held in May, Robert F. Kennedy Jr was asked if he was an investor in Bitcoin. The Democratic presidential candidate responded in the negative, saying he wasn&#8217;t going to give investment advice about the cryptocurrency, but he did add that he would be taking donations in BTC for his campaign.\u00a0 \u201cI am not an investor and I am not here to give investment advice,\u201d he said at the conference. Records Show Otherwise Financial records have shown otherwise and revealed that RFK Jr probably lied about his Bitcoin investment. A financial disclosure form that Kennedy submitted on June 30 indicates a brokerage account that held between $100,001 and $250,000 worth of Bitcoin as of the date that the submission was made. Related Reading: XRP FUD Spikes, Will This Trigger A Price Reversal? In the document, which does not specify when the transaction was made, it is stated that Kennedy&#8217;s family earned less than 201 dollars as a result of the purchase. When the news of the investment first broke out, Kennedy\u2019s campaign manager tried to clarify the details of the investment, saying that the BTC purchase was made during the time period between the speech in Miami and the June 30 filing deadline.\u00a0 In a bit of a moment that looked like damage control, the investment was initially attributed to his wife. However, the campaign later said that they were mistaken and that the Bitcoin investment did indeed belong to Kennedy.\u00a0 BTC price holding steady above $30,300 | Source: BTCUSD on TradingView.com Support For Bitcoin Bitcoin is the largest cryptocurrency in the world, with investor interest steadily increasing. So it is not clear why Robert F. Kennedy Jr. made comments that are inconsistent with his investment in BTC, nor is it clear whether the investment was made before or after his presence at the Miami conference.\u00a0 One reason is if Kennedy were to promote Bitcoin while on the campaign trail while his immediate family possessed the cryptocurrency, the situation may be considered a conflict of interest.\u00a0 However, his campaign office, on the other hand, has denied any conflict. \u201cThere is no conflict here,\u201d campaign manager Kucinich told CNBC. Interestingly, the presidential candidate has been a vocal supporter of bitcoin and cryptocurrencies in the past, saying, &#8220;Cryptocurrencies like bitcoin give the public an escape route&#8221; from a financial crisis. And his campaign is one of the few accepting donations in BTC.\u00a0 Related Reading: Arkham\u2019s New Crypto Intel Trading Platform: A Game Changer For Traders? While Kennedy&#8217;s Bitcoin-related remarks have become less frequent since Miami, Kennedy once said in an interview with TheStreet Crypto &#8220;I don\u2019t want people on the SEC commission who are anti-crypto.&#8221; This is in contrast with the current administration, which has the SEC cracking down on crypto companies. Featured image from Decrypt, chart from TradingView.com<\/p>\n","protected":false},"author":594,"featured_media":542008,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,601,1119,1144,78790,88598,88597],"class_list":["post-542006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-investment","tag-btc","tag-btcusd","tag-btcusdt","tag-robert-f-kennedy-jr","tag-us-presidential-candidate"],"acf":[],"yoast_head":"\n<title>US Presidential Candidate Robert F. Kennedy Jr Called Out For Lying About Bitcoin Investment<\/title>\n<meta name=\"description\" content=\"Robert F. 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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