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Disclosure documents reveal that the U.S. presidential candidate holds up to $250,000 in Bitcoin, with conflicting statements from the campaign team.

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Disclosure documents reveal that the U.S. presidential candidate holds up to $250,000 in Bitcoin, with conflicting statements from the campaign team.

Several U.S. presidential candidates have incorporated support for Bitcoin into their platforms and are accepting Bitcoin donations. Robert F. Kennedy Jr., the nephew of former U.S. President John F. Kennedy, was found to hold less than $250,000 worth of Bitcoin. However, conflicting statements have been given by his campaign team, initially claiming ownership by both himself and his wife, then later stating that John F. Kennedy had purchased the Bitcoin after attending a Bitcoin conference in Miami in May.

Accepting Bitcoin Donations, Yet Claims Not to Hold Bitcoin

Robert F. Kennedy Jr., nephew of former U.S. President John F. Kennedy, became the first presidential candidate to accept Bitcoin as political donations. Following suit are current Florida Governor Ron DeSantis and biotech entrepreneur Vivek Ramaswamy, who have also announced their acceptance of Bitcoin donations.

However, in May of this year, Robert F. Kennedy stated at the Miami Bitcoin Conference that he does not hold any Bitcoin, saying during his speech:

"I'm not an investor, I'm not here to give investment advice."

Nevertheless, he still announced that he would accept Bitcoin donations.

What's even more peculiar is that according to financial disclosure documents obtained by CNBC, the Kennedy family holds Bitcoin worth between $100,000 to $250,000, and the responses from the campaign team have been inconsistent.

Inconsistent Statements from Robert F. Kennedy's Campaign Team

According to documents filed on June 30th, one of Robert F. Kennedy's family accounts holds Bitcoin valued between $100,001 and $250,000.

After the CNBC report surfaced, his campaign team claimed that this Bitcoin was purchased after the Miami summit and before the financial disclosure filing, asserting that there was no conflict of interest.

The documents show Bitcoin gains of less than $201, but do not clearly state the purchase date, owner, or acquisition cost.

After several requests for comment from CNBC, the campaign team changed their stance, stating that the Bitcoin does not belong to Robert F. Kennedy but to his wife, and that he does not interfere with his wife's investment decisions.

Finally, on the evening of July 7th, a representative from the campaign team issued a new statement confirming that the investment indeed belongs to Robert F. Kennedy. There was a prior miscommunication, but he emphasized that Robert F. Kennedy did not hold any cryptocurrency before the Miami summit.

Robert F. Kennedy's stance on certain political issues aligns with that of Republican U.S. presidential primary candidate and current Florida Governor Ron DeSantis, as they both oppose CBDCs and support Bitcoin.

After attending the Miami summit, Robert F. Kennedy reiterated this position on Twitter.