[Gemini Donates $10 Million in Bitcoin to Pro-Trump Super PAC] According to Golden Finance, on July 24, cryptocurrency exchange Gemini donated approximately $10 million worth of Bitcoin to MAGA Inc., a super political action committee supporting U.S. President Donald Trump. Based on a report submitted to the U.S. Federal Election Commission (FEC), Gemini co-founders Cameron Winklevoss and Tyler Winklevoss completed the donation in two transactions on June 19, each valued at over $5 million. The donation occurred about three weeks after the CFTC and Gemini jointly filed a motion with the federal court in the Southern District of New York seeking to overturn a $5 million settlement agreement reached between the two parties in January 2025. The settlement stemmed from previous allegations by the CFTC that Gemini had issued false or misleading statements. MAGA Inc. can use the funds to support Trump's independent political expenditures. Previously, the Winklevoss brothers had each donated $1 million to Trump's 2024 campaign team and contributed $21 million in Bitcoin to the Digital Freedom Fund PAC to support the Trump administration's cryptocurrency policy direction. Currently, the court has not yet ruled on the motion to overturn the settlement between the CFTC and Gemini. Meanwhile, CFTC Chairman Michael Selig remains the sole commissioner of the agency. As of June 30, MAGA Inc. has reported receiving over $397 million in funds.