Cuomo gives approval to hopeful cryptocurrency company after they donate massive amount to his campaign – IOTW Report

Cuomo gives approval to hopeful cryptocurrency company after they donate massive amount to his campaign

I’m telling you, this organ grinder is dirty.

Sludge

Weeks before the Cuomo administration granted approval to the cryptocurrency exchange run by Cameron and Tyler Winklevoss to trade a new cryptocurrency, the twins donated a combined $100,000 to New York Gov. Andrew Cuomo.

The Winklevoss’, made famous by their portrayal in the film “The Social Network,” donated $50,000 each to Cuomo’s reelection campaign in late April, campaign finance records filed with the New York Board of Election show. Three weeks later, the state’s Department of Financial Services—controlled by the Democratic governor—approved the Winklevoss’ Gemini Trust to trade Zcash, Litecoin and Bitcoin Cash on its virtual currency exchange.

The state’s approval allowed Gemini to become the world’s first licensed Zcash exchange, leading to a surge in the value of the cryptocurrency. Winklevoss Capital lists Zcash as one of the company’s investments.

Gemini Trust was one of the first cryptocurrency exchanges granted a charter by the Department of Financial Services in October 2015.

The brothers, whose only other political contributions in New York are $500 each to a former state senator in 2014, again donated large sums to Cuomo in late June. Records show that the Winklevoss’ donated a combined $30,000 to Cuomo’s reelection campaign on June 20th.

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5 Comments on Cuomo gives approval to hopeful cryptocurrency company after they donate massive amount to his campaign

  1. Now, I don’t want to imply [;)] that this has anything in common with supporters of any Cuomo… but how differently mentally abled do you have to be to choose a “licensed” exchange to trade your “unregulated” anything on?

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  2. What would you expect from this guy? He actually said a certain amount of corruption should be expected in government and then abolished the commission studying corruption.

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  3. funny cuomo the homo’s close friend and confident was found guilty of corruption and he wasn’t.

    i guess you can break any law you want if you vote for democrats or have a d in front of your name.

    like the get out of jail free card in monopoly game.

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