On Friday CNBC reported that despite his claims that he does not hold any investments in cryptocurrency, financial disclosures have revealed that US Presidential candidate Robert F. Kennedy Jr . holds as much as $250,000 in Bitcoin.

Since the beginning of his campaign for the Presidency, Kennedy has been a staunch advocate of digital currencies, praising them as a tool of financial freedom on multiple occasions in speeches and on social media.

In May Kennedy spoke at a major bitcoin conference in Miami, where he said, “I am not an investor and I am not here to give investment advice.” He announced at the conference that his campaign would be the first US Presidential campaign to accept donations in Bitcoin.

However CNBC reports that in a June 30th financial disclosure Kennedy revealed that he holds between $100,000 and $250,000 in Bitcoin.

Although the document does not give details on when the Bitcoin was acquired, or who purchased it, it details that the investment has made less than $201 since it was purchased.

Dennis Kucinich, the campaign manager for Kennedy’s campaign said that the investment was made after his speech at the conference, in May, and sometime before June 30th.

CNBC reported that his campaign initially said that the Bitcoin belonged to Kennedy’s wife, and that he himself did not own any cryptocurrency.

The campaign said, “The investments were not his, but his wife’s. He is not involved in her investment decisions.”

However shortly after that, one of Kennedy’s campaign representatives released a statement which noted the investment was in fact made by Kennedy, according to CNBC.

The representative stated, “I was mistaken in my last communication. Mr. Kennedy does hold a bitcoin investment, but it came later. At the time of the Bitcoin speech he had no cryptocurrency holdings.”

Kennedy had previously tweeted in late June that Bitcoin was a, “bulwark against totalitarianism and the manipulation of our money supply, it points the way toward a future in which government institutions are more transparent and more democratic.”

Kennedy’s support for the crypto industry comes as it is undergoing a series of scandals and regulatory crackdowns, with the Securities and Exchange Commission looking to establish a more rigorous regulatory structure for the entire industry.

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