Crypto
Robert Kennedy Jr. Applauds Trump's Crypto Commitment, Expresses Hope For Biden's Alignment
Presidential candidate Robert F. Kennedy Jr. has expressed his admiration for former President Donald Trump’s pro-cryptocurrency stance
What Happened: Kennedy made the remarks at the Consensus 2024 conference, CoinDesk reported Thursday.
“Commitment to crypto is a commitment to freedom and transparency,” Kennedy stated. He abstained from conjecturing whether Trump’s decision was politically driven, but expressed optimism that President Joe Biden would follow the same path.
Kennedy underscored the significance of transactional freedom and the necessity for a transparent currency. He also stressed the importance of America continuing to be the center of blockchain technology. Kennedy disclosed that he had acquired 21 bitcoins since the commencement of his campaign, in addition to purchasing three coins for each of his children.
See Also: Dogecoin Could Go To $0.322 If It Overcomes This Key Resistance Level, Analyst Notes
Furthermore, Kennedy expressed his intention, if elected, to establish cryptocurrency as a transactional currency. He voiced his conviction that cryptocurrency should be treated as a currency, not taxed as capital gains, and used for everyday purchases.
Why It Matters: Kennedy’s pro-cryptocurrency stance is not new. Earlier in March, he blamed big banks for turning Congress members against Bitcoin BTC/USD and emphasized the need for transactional freedom. He has also called cryptocurrencies the best hedge against inflation.
Interestingly enough, Trump’s view on Bitcoin was also negative around that time, in contrast to the 180-degree pivot that is currently on display.
In other news, RFKJ, the cryptocurrency themed on Kennedy, was rebranded as “BOBBY,” which Kennedy is affectionately called by his friends, family, and supporters.
Image Via Shutterstock
Price Action: At the time of writing, the PolitiFi token was trading at $0.00000259, following a 14% plunge in the last 24 hours, according to CoinMarketCap.
Read Next: Trump’s Maga Coin Jumps 7%, Coin Parodying Biden Sinks Despite Ex-President’s Conviction In Hush Money Trial —NFTs Also Show Strength
Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
WESTLAKE, Ohio – A convenience store clerk at 1:30 p.m. on Nov. 26 alerted a police dispatcher that a female customer was feeding large amounts of cash into a cryptocurrency ATM at the store on Center Ridge Road at Dover Center Road.
The clerk said the customer would not believe the clerk’s warning that she was being scammed.
Officers arrived to find the 71-year-old still “anxiously depositing” cash into the machine. Officers told her to stop, but she did not believe the uniformed men. The officers talked to her for several minutes before she finally believed that there was an issue. She was still on the phone with the scammer at the time.
The incident started that morning when the victim received a pop-up message on her home computer instructing her to call a provided support phone number due to a supposed issue with the computer’s operating system. She called the number and was connected to a man who claimed he was a representative from Apple, according to a police department press release.
The man talked her into allowing him remote access to her computer while he asked for her bank information. The scammer talked the victim into believing that there was a problem with her accounts, and she was at risk of losing $18,000 in connection with pornographic websites out of China or Mexico.
She was connected to a fake fraud department for her bank, and another scammer persuaded her to go to a bank and withdraw as much cash as they would allow. The scammer even told her to give the teller a story about needing cash to buy a car. The perpetrator kept the woman on the phone as she took out cash and traveled to the crypto ATM. The victim had deposited approximately $5,500 before officers persuaded her to stop. The Westlake Detective Bureau is attempting to recover the lost funds.
Get police blotters by email every weekday for free with our new Police Blotter newsletter. Sign up at cleveland.com/newsletters.
Read more from the West Shore Sun.
Tether is the largest stablecoin issuer with $186 billion of its USDT tokens in circulation. The company previously took an
Alaskans brave the cold, wind to plunge into Goose Lake for Special Olympics Alaska
Brayden Burries goes off in top-ranked Arizona’s win over No. 12 Alabama to remain unbeaten
Kingston author’s new book debunks Arkansas’ graveyard myths | Arkansas Democrat Gazette
De La Salle vs. Santa Margarita: live score, updates, highlights from California’s Open Division state championship bowl | Sporting News
Denver shelter working to end homelessness for at risk youth, funding at risk
Florida High School Football Rankings: Top 25 teams – Oct. 21
Cleary's 21 help Le Moyne down Central Connecticut State 69-64 in OT
How old is Bo Nix? What to know about Oregon quarterback ahead of 2024 NFL Draft
99th annual Pony Swim held in Virginia
Video: ‘It Didn’t Have to Happen This Way:’ U.Va. Faculty Call for Review of Police Response to Protests
Video: At Least Two Killed in Shooting at Brown University
FBI ousts reinstated whistleblower over unauthorized media talks, ‘poor judgment’
EU dismisses Russia’s lawsuit against Euroclear as ‘speculative’
Multiple people shot near Brown University, police say
Inside Minnesota’s $1B fraud: fake offices, phony firms and a scandal hiding in plain sight
-
Alaska1 week agoHowling Mat-Su winds leave thousands without power
-
Texas1 week agoTexas Tech football vs BYU live updates, start time, TV channel for Big 12 title
-
Ohio1 week agoWho do the Ohio State Buckeyes hire as the next offensive coordinator?
-
Washington5 days agoLIVE UPDATES: Mudslide, road closures across Western Washington
-
Iowa7 days agoMatt Campbell reportedly bringing longtime Iowa State staffer to Penn State as 1st hire
-
Miami, FL7 days agoUrban Meyer, Brady Quinn get in heated exchange during Alabama, Notre Dame, Miami CFP discussion
-
Cleveland, OH6 days agoMan shot, killed at downtown Cleveland nightclub: EMS
-
World6 days ago
Chiefs’ offensive line woes deepen as Wanya Morris exits with knee injury against Texans
