Robert F. Kennedy Jr. invested up to $250,000 in Bitcoin after Miami conference

The recent investment disclosure contrasts with his claims in May that he was not an investor in Bitcoin.

News Join us on social networks

Democratic presidential candidate Robert F. Kennedy Jr. owns up to $250,000 worth of Bitcoin (BTC), contrary to his previous claim that he was not an investor in the major cryptocurrency .

A record obtained by CNBC shows that Kennedy Jr. owned between $100,001 and $250,000 worth of Bitcoin at the end of June. The investment came after his speech at the Bitcoin 2023 conference in May, when he announced that his campaign would be the first to accept Bitcoin donations in the United States.

During the conference, the candidate also denied having invested in Bitcoin. "I'm not an investor and I'm not here to give investment advice," he said.

The financial disclosure filed on June 30 does not specify when the cryptocurrency was purchased, only that it has earned less than $201 since the investment was made. The filing does not indicate who made the Kennedy family purchase, although the candidate's campaign has acknowledged it was Kennedy Jr.

Screenshot by Robert F. Kennedy Jr.' s financial disclosure filed on June 30. Source: CNBC

Challenging President Joe Biden, Kennedy Jr. has targeted the crypto community in his campaign. In a Twitter post on May 3, he said "cryptocurrencies, led by bitcoin, and other crypto technologies are a major driver of innovation," adding that it was a mistake for the government. American "to hinder the...