Robert F. Kennedy Jr. (RFK Jr.) says he bought 21 bitcoins for his children after winning a $13 billion case against biotech giant Monsanto, the crypto-friendly U.S. presidential candidate told a crowd at Consensus 2024 in Austin, TX this week.
RFK Jr. Bought 21 Bitcoins For His Children Following Legal Victory In 2018
An established attorney and longstanding crypto advocate, RFK Jr. spearheaded the 2018 legal case against Monsanto and ultimately proved that their well-known weed killing product, Roundup, causes cancer in 2018.
“I used my fees in that case to buy bitcoin for my kids,” RFK Jr. said while at Consensus 2o24. “So I got three bitcoins for each of my seven kids.”
RFK Jr: I bought 21 #Bitcoin with the proceeds from winning the case against Monsanto. 3 #Bitcoin for each of my7 kids. pic.twitter.com/flsEYvpYr6
— Bitcoin News (@BitcoinNewsCom) May 31, 2024
Keeping the focus on his potential presidential policies, RFK Jr. claimed he had a “deep commitment” to backing cryptocurrencies, lauding El Salvador for becoming the first country in the world to valorize bitcoin as legal tender.
“I admire what El Salvador did,” he said. “I think we’re going to do it a little differently. We need to create a regulatory infrastructure that is designed for decentralized cryptocurrencies and bitcoin.”
Calling the recently House-approved Financial Innovation and Technology for the 21st Century Act (FIT21) “a really good start” to crypto regulations, the third-party candidate cited both Singapore and Switzerland’s regulatory models as potential frameworks for digital asset policy in the United States.
RFK Jr. Stays Hush Over Trump’s Hush Money Trial
While fielding questions from attendees, the indpendent candidate refused to comment on Republican frontrunner Donald Trump receiving a guilty verdict in his highly-covered hush money trial on Thursday.
“I’ve been disciplined about not commenting on the court cases and talking about issues that I think are of deep concern to Americans,” he said.
Currently, Trump and President Joe Biden are nearly tied in the race to the White House, with each receiving about 40% of votes.
Meanwhile, RFK Jr. remains trailing behind at 8%, a small but not insignificant percentage for a third-party candidate.
Editorial note: This story is currently being added to. For the full story check back soon as we add more information and/or perspectives from those involved.
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